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

Elon Musk also mentioned the yet-to-be-seen humanoid Tesla Bot, and suggests that people may potentially be able to buy a robot as a gift i...

According to South China Morning Post, more than 9,241 employees left Hangzhou-based Alibaba during the June quarter, as the company trimme...

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

Ant in a statement said the move was "part of our continuous efforts to enhance corporate governance".

Hu, who was named the chief executive of the Alibaba Group Holding in 2019, will be replaced by company veteran and Executive Chairman Eric...

Simon 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...

The meeting comes after Ma questioned whether international financial regulations are suitable for the Chinese economy at a summit held in ...

At least seven tycoons put in almost $700 million combined, with returns that could reach 50% based on Ant’s targeted valuation, according ...

Combs is considered Buffett’s successor and as Chief Investment Officer (CIO) led the $300-million investment in Noida-based Paytm in Augus...

Shroff has over 34 years of experience in representing public and private corporations and other entities before legal institutions.

The company owns Alipay, one of China's biggest online payment platforms and controls the company that manages the country's largest market...

Schmidt said Alphabet, the company that owns Google and other businesses like Nest and Fiber, will never break up and its job is to seek ou...

The San Francisco-based company, which is locked in a fierce battle for market share in China, can now gain access to Alipay’s user base of...

"India is a very important market for us and we (will) leverage our strategic partner Paytm to grow in the country," Jing says.

Uber users can now pay for their rides in Indian currency while they travel abroad. The integration process is on and will be live by month...

Interestingly, Alipay's parent company Alibaba Group Holding owns a stake in Uber rival Didi Kuadi. Didi Kuadi is also an investor in Uber'...