Chinese President Xi Jinping reportedly personally nixed the Ant Group double initial public offering (IPO), which had been set to be the biggest in the...
Big technology firms in China are suffering as regulatory issues continue, triggering falling share prices, according to a CNBC report on Wednesday (Nov. 11). Get...
In today’s top payments news around the world, Israeli startup Cellwize has reportedly completed a Series B funding round, while sales of cars in China...
Chinese regulators capped a tough week for Ant Group by suggesting that they would regard Ant and other FinTechs Ant more banks, the Financial Times...
Ant Group‘s stalled initial public offering (IPO) could cut the company’s valuation in half, with one report putting the firm’s value at just $140 billion....
Ant Group‘s initial public offering (IPO) could be delayed by six months and its valuation reduced by quite a lot after its delay this week,...
In today’s top news, China’s suspension of Ant Group’s IPO likely came from top officials, and LendingClub’s third-quarter earnings boasted an impressive rebound. Plus, Uber...
As expected, the Ant Group initial public offering (IPO) suspension was a factor in Alibaba’s earnings announced Thursday morning (Nov. 5), as China’s largest eCommerce...
Ant Group has been stopped in its tracks, but the regulatory scrutiny the firm is facing may have ripple effects throughout the FinTech realm, and...