Ant Group

Ant IPO Delay Shows FinTechs May Face (More) Regulatory Scrutiny
Ant IPO Delay Shows FinTechs May Face (More) Regulatory Scrutiny
November 04, 2020  |  Regulation

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...

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Alibaba Earnings Preview: Distractions Hang Over Jack Ma’s Core Company
Alibaba Earnings Preview: Distractions Hang Over Jack Ma’s Core Company
November 04, 2020  |  Earnings

Regardless of what happens as Alibaba’s earnings are announced Thursday, one story will hang over the proceedings. Alibaba Co-founder Jack Ma is also the founder...

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China’s Suspension Of $37B Ant IPO Likely Came From Gov’t’s Top
China’s Suspension Of $37B Ant IPO Likely Came From Gov’t’s Top
November 04, 2020  |  IPO

China’s move to suspend Ant Group’s anticipated blockbuster initial public offering (IPO) likely came from the top echelon of the Chinese government, according to a...

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Today In Payments: Scammers Target Used Car Buyers; California Voters Uphold Gig Worker Status
Today In Payments: Scammers Target Used Car Buyers; California Voters Uphold Gig Worker Status
November 04, 2020  |  News

In today’s top news, scammers are targeting used car buyers amid an uptick in digital sales, and California voters passed a proposition that upholds gig...

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Today In Payments Around The World: Indonesia’s Logisly Lands $6M In Series A Funding; Russia’s Ozon Eyes US Public Listing
Today In Payments Around The World: Indonesia’s Logisly Lands $6M In Series A Funding; Russia’s...
November 04, 2020  |  News

In today’s top payments news around the world, Indonesian logistic startup Logisly raised $6 million in Series A funding, while Russian eCommerce platform Ozon has...

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Ant Group IPO Delay Costs Alibaba Billions In Value As Stock Drops
Ant Group IPO Delay Costs Alibaba Billions In Value As Stock Drops
November 03, 2020  |  IPO

Jack Ma has seen his net worth plunge by $3 billion after the Ant Group double initial public offering (IPO) was suspended on Tuesday (Nov....

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Ant Group’s IPO Journey Faces Regulatory Hill – Is Lending In Crosshairs?
Ant Group’s IPO Journey Faces Regulatory Hill – Is Lending In Crosshairs?
November 03, 2020  |  IPO

For Ant Group, for Alibaba, and for the biggest IPO ever, it’s a case of hurry up and wait. As noted by CNBC on Tuesday (Nov. 3),...

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Shanghai Stock Exchange Holds Up Ant Group IPO Following Regulators’ Questioning
Shanghai Stock Exchange Holds Up Ant Group IPO Following Regulators’ Questioning
November 03, 2020  |  IPO

The Shanghai Stock Exchange is delaying Ant Group’s record initial public offering (IPO) following Jack Ma’s meeting with Chinese regulators, according to a Wall Street...

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Jack Ma Tells Chinese Regulators Ant Group Not A Bank
Jack Ma Tells Chinese Regulators Ant Group Not A Bank
November 03, 2020  |  IPO

As China’s Ant Group readies for its IPO — the biggest ever — founder Jack Ma wanted to clarify that the company is a tech...

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