Ant Group

Ant Group Files For IPO, Reports $3B In Half-Year Profits
Ant Group Files For IPO, Reports $3B In Half-Year Profits
August 25, 2020  |  IPO

Ant Group has filed for an initial public offering (IPO) of stock that could be the largest in history. The company’s filing with the Hong...

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Ant Group Seeks $225B Valuation Ahead Of Planned Dual Listing
Ant Group Seeks $225B Valuation Ahead Of Planned Dual Listing
August 21, 2020  |  IPO

As it aims for an approximately $225 billion valuation, Ant Group intends to seek dual listings in Shanghai and Hong Kong in the weeks to...

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Ant Group Posts Profits Of $1.3B In Advance Of IPO
Ant Group Posts Profits Of $1.3B In Advance Of IPO
August 20, 2020  |  IPO

Ant Group, the Chinese FinTech, reported profits of 9.2 billion yuan ($1.3 billion) in the first fiscal year quarter, Bloomberg News reported. That’s up 560 percent...

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Ant Group Looks To Create Consumer Finance Platform
Ant Group Looks To Create Consumer Finance Platform
August 18, 2020  |  International

China’s Ant Group reportedly plans to create a new consumer finance company which would allow the firm to cement its base in the country’s online...

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Alibaba’s Ant Group Files Preliminary IPO Docs
Alibaba’s Ant Group Files Preliminary IPO Docs
August 14, 2020  |  International

Ahead of an intended initial public offering (IPO), Alibaba Group Holding’s Ant Group has conducted a preliminary filing with the securities watchdog of China, Reuters reported....

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China Regulator Considers Antitrust Probe Of Alipay, WeChat Pay
China Regulator Considers Antitrust Probe Of Alipay, WeChat Pay
July 31, 2020  |  Digital Payments

China’s State Council’s Anti-Monopoly Commission is considering investigating Alipay and WeChat Pay, two of the county’s biggest online payment and money transfer platforms, Reuters reported....

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Bitcoin Daily: YouTube Seeks Dismissal Of Ripple Lawsuit Alleging Crypto Scam; China’s Ant Group Launches AntChain Blockchain
Bitcoin Daily: YouTube Seeks Dismissal Of Ripple Lawsuit Alleging Crypto Scam; China’s Ant Group Launches...
July 23, 2020  |  Bitcoin

YouTube is seeking to dismiss a lawsuit against it from crypto firm Ripple alleging that YouTube doesn’t do enough to remove scams and fraud, according...

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Today In Payments: Adevinta To Buy eBay’s Classifieds Unit; Panel To Review UK’s FinTech Sector 
Today In Payments: Adevinta To Buy eBay’s Classifieds Unit; Panel To Review UK’s FinTech Sector 
July 21, 2020  |  News

In today’s top news, Adevinta agrees to buy eBay’s classifieds division for $9.2 billion, and an independent panel plans to review the U.K.’s FinTech sector....

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Ant Group Preps For One Of Biggest IPOs In History
Ant Group Preps For One Of Biggest IPOs In History
July 20, 2020  |  IPO

Ant Group, the online payments division arm of Alibaba Group Holding Ltd., China’s eCommerce superstore, plans to file an initial public offering (IPO) on Shanghai’s Nasdaq-style...

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