Ant

9 results

The Biden order directs the commerce department to monitor software applications like TikTok that could affect US national security. Photograph: Chris Delmas/AFP

US president Joe Biden on Wednesday withdrew a series of Trump-era executive orders that sought to ban new downloads of WeChat and TikTok, and ordered(...)

Jack Ma, CEO of Chinese e-commerce giant Alibaba. Photograph:  by Philippe Lopez/AFP

Jack Ma’s Ant Group Co. will drastically revamp its business, bowing to demands from Chinese authorities that want to rein in the country’s fast-growi(...)

Alibaba said it “sincerely accepted” the penalty.

Chinese regulators have fined Alibaba a record Rmb18.2 billion (€2.3 billion) after finding that the ecommerce group had abused its market dominance. (...)

Shares in Kuaishou nearly tripled on its first day of trading in Hong Kong. File photograph: STR/AFP via Getty Images

Shares in Kuaishou nearly tripled on its first day of trading in Hong Kong, propelling the valuation of the Chinese video-streaming platform to $160 b(...)

Jack Ma has not appeared in public since October 24th, when he gave a high-profile speech critical of the state-owned banks  as well as regulators who he said often sacrifice innovation on the altar of stability. Photograph:  Ludovic Marin/AFP via Getty Images

Four years ago, when Ant Group’s premier money market fund was racing to a peak of more than $260 billion (€213.5 billion) worth of assets under manag(...)

Japan’s benchmark Topix added 1.7 per cent, while Hong Kong’s Hang Seng and Australia’s S&P/ASX 200 rose 1 per cent and 0.5 per cent, respectively.

UK stocks rallied on Tuesday as investors got their first chance to react to last week’s Brexit trade pact and the $900 billion (€736 billion) America(...)

Ant Group founder Jack Ma: summoned by Chinese financial regulators

China suspended Ant Group’s $37 billion (€41.6 billion) stock market listing on Tuesday, thwarting the world’s largest IPO with just days to go, in a (...)

Jack Ma, founder of Alibaba Group and controlling shareholder of Chinese fintech Ant Group. Photograph: China Outstr/AFP/Getty Images

Nearly four years ago Ant Group’s then chief executive Eric Jing made going global a core mission, taking to a Davos stage to lay out a vision of buil(...)

Alibaba’s payments arm Ant Group, which has most recently been valued at $150 billion, has announced its long-awaited public offering with a dual listing in Shanghai and Hong Kong.

Alibaba’s payments arm Ant Group, which has most recently been valued at $150 billion (€131 billion), has announced its long-awaited public offering w(...)