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ANT GROUP CO.
Women's T20 WC: India need to rethink T20 strategy; Bowling, fielding let us down, says India head coach Amol MuzumdarIndia's T20 World Cup journey ended in disappointment, with coach Amol Muzumdar admitting the team was below par across all departments. Fo...
FIFA World Cup 2026 results: Who won yesterday (June 24)? England held by Ghana, Croatia stay alive; Brazil, Morocco and Switzerland advanceEngland stumbled to a goalless draw against Ghana, while Croatia kept their knockout dreams alive with a crucial 1-0 win over Panama. Colom...
Tencent tests AI assistant for its super app WeChat in ChinaKnown as Weixin in China, the super app has made the new AI assistant available to a small number of users, according to a statement from W...
Microsoft makes big AI inroads in China by selling OpenAI modelsMicrosoft is significantly growing its AI business in China, with ByteDance reportedly spending over $1 billion annually on its cloud and A...
Ant completes process of removing Jack Ma’s controlAs part of the process, the People’s Bank of China granted an application to remove any controlling shareholders at Ant’s Chinese payment p...
Vanguard sells stake in joint venture with Ant: reportThe move comes months after a Reuters report said Vanguard was mulling a retreat from China, the second largest economy in the world, after...
Jack Ma’s clash with Beijing costs Ant, Alibaba $850 billionChinese authorities said on Friday they would wrap up a probe into Ant with the financial technology company paying a fine of almost $1 bil...
Ant to buy back shares at 70% lower valuation than at IPOThe limited partners also committed to retaining the two dividends in 2022 with Hangzhou Junhan and Hangzhou Junao to enhance the operation...
Jack Ma’s Ant Group wins approval for $1.5 billion capital planThe China Banking and Insurance Regulatory Commission division in Chongqing green-lit the company’s plan to lift its capital to 18.5 billio...
Fidelity, BlackRock cut fintech giant Ant’s valuation furtherBoston-based Fidelity Investments cut its estimate for Ant to $70 billion at the end of May, according to Bloomberg calculations based on f...
Jack Ma to give up control of Ant Group: reportMa might transfer his voting power to other Ant officials, including CEO Eric Jing, after which they would collectively control the company.
China’s central bank says it will keep pressure on crypto marketThe People’s Bank of China will also supervise financial platform companies to rectify their practices according to regulations, it said in...
Inside the chaotic unraveling of Jack Ma’s $35 billion IPOThe subsequent unraveling of the $35 billion share sale has thrust Ma’s fintech giant into turmoil, offering a stark reminder that even Chi...
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...
Alibaba falls after Ant Group’s IPO is suspendedAnt Group Co. said its listings in both Shanghai and Hong Kong have been suspended.
Shanghai stock exchange suspends Ant Group's A-share IPOAnt was set to go public in Hong Kong and Shanghai on Thursday after raising about $37 billion.
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...
Ant Group's IPO sees record $3 trillion in retail demandAnt's dual listing is set to raise about $34.4 billion, split fairly evenly between Shanghai's STAR Market and Hong Kong, topping Saudi Ara...
The pessimist’s guide to Jack Ma’s record-breaking Ant IPOAnt’s meteoric rise was made possible in part by China’s willingness to let it experiment. Now that the fintech giant is a dominant player ...
Jack Ma’s Ant seeks to raise $35 billion in biggest-ever IPOThe company may raise another $5.17 billion if it exercises it Hong Kong and Shanghai green shoe options. That would give Ant a valuation o...