Searched for
CHINA FINTECH CRACKDOWN
India's tech hiring chills; Polymarket's IPL betHappy Tuesday! The tech sector is seeing a slowdown in hiring driven by internal cost controls. This and more in today's ETtech Morning Dis...- China ends Ant Group's regulatory revamp with $984 million fineChina's central bank on Friday announced a fine of 7.12 billion yuan ($984 million) for Ant Group.
- China to end Ant Group's regulatory revamp with fine of at least $1.1 billionThe People's Bank of China (PBOC), which has been driving the revamp at Ant after its $37 billion IPO was scuttled in late 2020, is expecte...
- China expected to lower fine on Ant Group to about $700 million: reportChinese authorities, notably the People's Bank of China (PBOC) which has been driving a revamp at Ant after its $37 billion IPO was scuttle...
- Alibaba beats quarterly revenue estimates as Covid-19 curbs easeRevenue rose 2% to 247.76 billion yuan ($35.92 billion) for its fiscal third quarter to December 31, compared with a Refinitiv consensus es...
- Chinese Internet firms log first revenue decline amid regulatory crackdownAccording to the South China Morning POst, the combined revenue of Chinese Internet firms decreased 1.1% to 1.46 trillion yuan ($217 billio...
- ED raids Coda offices in money laundering probe involving Free FireED said that it had started an investigation into the companies following complaints that the platforms made unauthorised deductions from t...
- Will startups find India to be a happy stomping ground?The government needs to incentivise the flow of domestic capital to startups through Section 80 G-type incentives, allowing corporates to i...
- The fallout from China’s tech-tonic shiftTop executives, startup founders and CEOs of Indian internet firms including Flipkart, Paytm, Oyo Hotels & Homes, Ola, Zomato, Swiggy, Make...
- RBI rule will set back fintech firms, says report; Zomato board may clear Blinkit deal on FridayFintech firms are claiming that the RBI wants to give banks full control over fintech innovation.
- China's central bank accepts Ant's application for financial holding companyThe People's Bank of China's (PBOC) expected approval of the plan is the latest sign that Ant, a tech giant with financial businesses stret...
- Next in China regulatory crackdown: online brokersThe looming restrictions come on the heels of a clampdown that has affected a broad scope of companies over the past year, in sectors rangi...
- Alibaba has lost $344 bn in world's biggest wipeoutAlibaba shares sank from an all-time high that month to a record low three weeks ago in Hong Kong, as Beijing stepped up its scrutiny of th...
- China's Ant Group increases registered capital by 47% to $5.4 billionAnt, an affiliate of e-commerce leader Alibaba Group Holding Ltd, said the increase was to support growth and was "according to relevant re...
- Chinese central bank boss vows to further fintech crackdownAuthorities have for about a year targeted a range of homegrown tech behemoths, including ecommerce titan Alibaba and food delivery giant M...
- Crypto-linked stocks plunge in Hong Kong, bitcoin steadiesShares of crypto asset manager and trading firm Huobi Tech, an affiliate of Huobi Global, one of the world's largest exchanges, fell more t...
- China deepens crypto crackdown with central bank warningCryptocurrency trading is banned in China, and authorities have recently closed mines and warned banks to halt related transactions.
- Tencent faces broad China clampdown on Fintech, DealsAsia’s largest conglomerate was censured by China’s antitrust watchdog on Friday as Beijing expands a crackdown that began with Jack Ma’s o...
- Indian fintech lenders grab turf from China as Google begins app clean-upMost domestic fintech lenders that ET spoke with said that their business rose 20-40% month-on-month since December, when the crackdown sta...
- China stocks dip as anti-trust probe into Alibaba hits tech sharesChina's blue-chip index CSI300 fell 0.1% to 5,000.02, while the Shanghai Composite Index lost 0.6% to 3,363.11. The tech heavy STAR Market ...
Load More
