Ant Group

Chinese Regulators Demand Jack Ma Restructure Ant Into Financial Holding Firm

Chinese Regulators Demand Jack Ma Restructure Ant Into Financial Holding Firm
Chinese Regulators Demand Jack Ma Restructure Ant Into Financial Holding Firm
January 27, 2021  |  Regulation

Responding to pressure from Chinese finance regulators, Jack Ma will restructure Ant Group into a financial holding company, The Wall Street Journal reported on Wednesday...

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Chinese Official: Ant IPO Could Get Back On Track When Issues Are Resolved
Chinese Official: Ant IPO Could Get Back On Track When Issues Are Resolved
January 26, 2021  |  International

So, payments provider Ant Group’s much-heralded initial public offering (IPO) could be back on? Soon? Get the Full Story Complete the form to unlock this...

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Ant Group’s Value Could Be Cut Further Due To China’s Antitrust Concerns
Ant Group’s Value Could Be Cut Further Due To China’s Antitrust Concerns
January 21, 2021  |  International

Chinse billionaire Jack Ma keeps getting hit with setbacks. It all started in November when the Shanghai Stock Exchange acted to delay his Ant Group’s...

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Malaysian eWallet Provider TNG Digital Looks To Raise $150 Million For Expansion
Malaysian eWallet Provider TNG Digital Looks To Raise $150 Million For Expansion
January 21, 2021  |  Investments

TNG Digital, the venture launched by China’s Ant Group and Malaysia’s Commerce International Merchant Bankers (CIMB), is in talks to raise $150 million to fund...

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Today In Payments: Jack Ma In First Public Appearance Since Ant IPO Pulled; New PPP Extends $5 Billion During First Week
Today In Payments: Jack Ma In First Public Appearance Since Ant IPO Pulled; New PPP...
January 20, 2021  |  News

In today’s top news, Jack Ma made his first appearance in three months to speak to rural teachers in China, and the new round of...

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Chinese Tycoon Jack Ma Delivers Speech In First Public Appearance Since Ant IPO Pulled
Chinese Tycoon Jack Ma Delivers Speech In First Public Appearance Since Ant IPO Pulled
January 20, 2021  |  International

Chinese tycoon Jack Ma has resurfaced, giving a virtual speech to rural teachers in China after nearly three months out of the public eye, The...

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In China, Investors Drain Mutual Funds Slated For Failed Ant IPO
In China, Investors Drain Mutual Funds Slated For Failed Ant IPO
January 19, 2021  |  IPO

The fallout from Ant Group’s failed initial public offering (IPO) continues, as millions of investors have piled out of five mutual funds that had pitched...

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Today In Payments: Biden Taps FTC’s Chopra To Head CFPB; Marc Lore Retiring From Walmart
Today In Payments: Biden Taps FTC’s Chopra To Head CFPB; Marc Lore Retiring From Walmart
January 18, 2021  |  News

In today’s top news, Biden is bringing in the FTC’s Rohit Chopra to lead the CFPB, and Jet.com Founder Marc Lore is retiring from Walmart....

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Today In Payments Around The World: Mobile Money, bKash Collaborate With Ripple; Ant Group Revamping Operations
Today In Payments Around The World: Mobile Money, bKash Collaborate With Ripple; Ant Group Revamping...
January 18, 2021  |  News

In today’s top payments news around the world, Mobile Money and bKash have teamed with Ripple, while Ant Group is said to be quickly working...

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