Ant Group

Chinese authorities are reportedly set to impose a fine of at least 8 billion yuan ($1.1 billion) on Ant Group, signaling the end of the fintech company's extensive regulatory restructuring. Sources cited by Reuters revealed that the…

HONG KONG: Chinese authorities announced on Friday a 7.12 billion yuan ($984 million) fine for Ant Group, ending a years-long regulatory overhaul of the fintech company and marking a key step to concluding a crackdown on the country's…

Chinese authorities are likely to announce a fine of at least 8 billion yuan ($1.1 billion) on Ant Group as soon as Friday, sources with direct knowledge of the matter said, bringing an end to the fintech company's years-long regulatory…

BEIJING: Alibaba Group Holding Ltd co-founder Jack Ma is joining the University of Tokyo’s Tokyo College as a visiting professor, according to a profile page on the university’s website.Ma, 58, begins the new position on May 1 and is…

Alibaba, China's biggest e-commerce company, has announced plans to split its business into six groups, in one of the most significant overhauls of a leading Chinese tech firm to date.Below is what we know about this major shake-up:What is…

China's Ant and Japan's SoftBank are likely to offload their stakes in Indian digital payments firm Paytm in the open market, after talks with Bharti Airtel founder failed, the Economic Times reported.Shareholders and investment banks…

Large investors in One 97 Communications, which operates digital payments major Paytm, including Masayoshi Son’s SoftBank and China’s Ant group, an affiliate of Alibaba, have discussed selling shares in the company through a secondary stock…

Ant Group Co. is considering selling some of its shares in the operator of Indian financial technology firm Paytm to keep its holding within a required threshold, according to people familiar with the matter. The Chinese fintech giant has…

Ant Group Co. is considering selling some of its shares in the operator of financial technology firm Paytmto keep its holding within a required threshold, according to people familiar with the matter. The Chinese fintech giant has been…

Telecom tycoon Sunil Mittal is seeking a stake in Paytm by merging his financial services unit into the fintech giant's payments bank, according to people with knowledge of the matter.Mittal seeks to fold Airtel Payments Bank into Paytm…