Once China’s richest tech tycoon, Jack Ma may now be worth $30 billion, which is less than half of his peak wealth before the failure of th...

The limited partners also committed to retaining the two dividends in 2022 with Hangzhou Junhan and Hangzhou Junao to enhance the operation...

Ant is waiting for a financial holding company license, more than two years after authorities torpedoed its planned initial public offering...

Alibaba has said it will split its $220 billion empire into six businesses: focusing on logistics, cloud computing, entertainment, e-commer...

Ant has been overhauling its business to comply with government demands, while awaiting a green light to apply for a financial holding comp...

While some analysts have said a relinquishing of control could clear the way for the company to revive its initial public offering (IPO), t...

China's Ant Group said on Saturday that its founder Jack Ma no longer controls the Chinese fintech giant after a series of shareholding adj...

The China Banking and Insurance Regulatory Commission division in Chongqing green-lit the company’s plan to lift its capital to 18.5 billio...

Boston-based Fidelity Investments cut its estimate for Ant to $70 billion at the end of May, according to Bloomberg calculations based on f...

Ma might transfer his voting power to other Ant officials, including CEO Eric Jing, after which they would collectively control the company.

Ant, an affiliate of e-commerce leader Alibaba Group Holding Ltd, said the increase was to support growth and was "according to relevant re...

The central-government investigation, which started early this year, focuses on "regulators who greenlighted the initial public offering, l...

The overhaul comes two days after e-commerce giant Alibaba Group Holding Ltd, of which Ant is an affiliate, was hit with a $2.75 billion an...

Under terms of the agreement with People's Bank of China, Ant Group will cut "improper" linkage between payments service AliPay, virtual cr...

Chinese regulators on Sunday ordered Ant to devise a plan to overhaul its business, the latest in a series of steps to rein in Ma's online ...

Advances in technology have brought tremendous change to the financial sector, Guo Shuqing, chairman of the China Banking and Insurance Reg...

Ant is still in the early stages of reviewing changes needed to appease regulators, who demand that its business comply with a slate of new...