PhonePe chief Sameer Nigam lashes out at tech founders backing ex-ante regulationsEx-ante regulations aim to address issues identified beforehand preemptively, by laying out a list of dos and don’ts for stakeholders.
18 May, 2023, 05.15 PM IST
Ant Group nominee Douglas Feagin steps down from Paytm boardDouglas Feagin served on the nomination and remuneration committee of the board of One 97 Communications, as well as its stakeholder relati...
03 Feb, 2023, 01.49 PM IST
Fidelity cuts Ant Group valuation by another 9% to $64 billionAnt has been overhauling its business to comply with government demands, while awaiting a green light to apply for a financial holding comp...
27 Jan, 2023, 04.00 PM IST
Alibaba lays off nearly 10,000 employees amid poor salesAccording to South China Morning Post, more than 9,241 employees left Hangzhou-based Alibaba during the June quarter, as the company trimme...
06 Aug, 2022, 03.40 PM IST
Ant, Alibaba plan for less intertwined future after China crackdownIn moves that would have been inconceivable two years ago, the affiliates have started to restrict access to each other's services, compete...
22 Jun, 2022, 08.58 AM IST
Timeline: Events leading up to China's $2.75 billion fine on AlibabaAlibaba has come under intense scrutiny in China since its billionaire founder Jack Ma's stinging public criticism of the country's regulat...
12 Apr, 2021, 01.54 PM IST
Timeline: Events leading up to China's $2.75 billion fine on AlibabaThe Alibaba business empire has come under intense scrutiny in China since its billionaire founder Jack Ma's stinging public criticism of t...
10 Apr, 2021, 01.17 PM IST
China's Ant Group CEO leaves after failed IPO prompts revampHu, who was named the chief executive of the Alibaba Group Holding in 2019, will be replaced by company veteran and Executive Chairman Eric...
12 Mar, 2021, 10.03 PM IST
Ant Group CEO Simon Hu resigns, Eric Jing to replace himSimon Hu’s resignation as Ant Group CEO comes at a time when the fintech giant is being pushed by regulators to revamp operations after its...
12 Mar, 2021, 07.28 PM IST
China's regulators vow 'special' oversight of fintech giants, including Ma's Ant GroupAdvances in technology have brought tremendous change to the financial sector, Guo Shuqing, chairman of the China Banking and Insurance Reg...
02 Dec, 2020, 10.15 AM IST
Alibaba chairman says China's antitrust rules 'necessary'The move to regulate monopolistic power of China's technology giants sparked a sell-off in Chinese internet stocks. Alibaba's stock price i...
23 Nov, 2020, 03.56 PM IST
Jack Ma’s wealth drops $3 billion after Ant Group IPO freezeMa, a 56-year-old former English teacher who co-founded Alibaba with $60,000 and turned it into China’s largest e-commerce company, would h...
04 Nov, 2020, 09.32 AM IST
Watchdog checks out on Jack Ma ahead of world's biggest IPOThe meeting comes after Ma questioned whether international financial regulations are suitable for the Chinese economy at a summit held in ...
03 Nov, 2020, 07.39 AM IST
Ant Group IPO: China's regulators summon Jack MaThe regulators on Monday met with Ant Group's co-founder Jack Ma, executive chairman Eric Jing and chief executive Simon Hu, without elabor...
02 Nov, 2020, 10.19 PM IST
Super rich get richer on Ant after striking early deals with Jack MaAt least seven tycoons put in almost $700 million combined, with returns that could reach 50% based on Ant’s targeted valuation, according ...
09 Sep, 2020, 09.22 AM IST
At $150 billion valuation, this fintech firm is all set to dethrone Uber as world’s most valuable startupAnt Financial, in which Alibaba plans to acquire a one-third stake, controls the country’s premier mobile payments service and money market...
12 Apr, 2018, 11.52 AM IST
Alipay owner said to plan Hong Kong IPO in first half of 2017Mainland China’s restrictions on stock options are discouraging Zhejiang Ant Small & Micro Financial Services Group Co. from its original p...
25 Aug, 2016, 03.38 PM IST