Jack Ma-backed Ant plans restructuring, paving way for HK IPO
The company is looking at leaving its blockchain, database management services and international business out of a main entity that will...
News by FinTech Collective
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Jack Ma surrenders control of fintech giant Ant Group
Before the change, Ma was the control person in Ant, exercising control over the company through related entities in addition to his 10%...
Fidelity and BlackRock cut fintech giant Ant’s valuation lower
Global investors who bought private shares ahead of its suspended initial public offering ,including Boston-based Fidelity Investments,...
China's central bank accepts Ant's application for financial holding company
The People's Bank of China's (PBOC) expected approval of the plan is the latest sign that Ant, a tech giant with financial businesses...
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