5/6/2024 6:24:33 PM China’s Ant Group doubles down on global expansion with cross-border payments offering Alipay+ By Sarah Wolter Ant Group is looking to expand into the payments markets of Europe, Middle East and Latin America with its Alipay+ offering. The company...
7/26/2023 3:20:10 PM Jack Ma-backed Ant plans restructuring, paving way for HK IPO By Sarah Wolter The company is looking at leaving its blockchain, database management services and international business out of a main entity that will...
1/13/2023 3:58:14 PM Jack Ma surrenders control of fintech giant Ant Group By Samantha Wulfson Before the change, Ma was the control person in Ant, exercising control over the company through related entities in addition to his 10%...
8/19/2022 3:30:42 PM Fidelity and BlackRock cut fintech giant Ant’s valuation lower By Samantha Wulfson Global investors who bought private shares ahead of its suspended initial public offering ,including Boston-based Fidelity Investments,...
6/17/2022 3:59:18 PM China's central bank accepts Ant's application for financial holding company By Sarah Wolter 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...
9/24/2021 1:23:16 PM Ant to fully share consumer credit data with China’s government By Carlos Alonso Torras User data from lending service Huabei will be made available to the central bank’s credit-reporting system
11/5/2020 1:59:33 PM Inside the chaotic unraveling of Jack Ma’s $35b IPO By Sarah Wolter It was Monday morning in Beijing, and Jack Ma had been summoned to a conference room at the China Securities Regulatory Commission just...
10/27/2020 12:39:18 PM Ant IPO by the numbers: it’s bigger than Finland’s GDP By Sarah Wolter Ant’s IPO puts the company’s valuation at dizzying heights. At about $315b, Ant is worth more than the gross domestic products of Egypt,...