Ant Group

China Holds Up Ant Group As Warning To Other Payment Firms
China Holds Up Ant Group As Warning To Other Payment Firms
July 08, 2021  |  ANTITRUST

The People’s Bank of China is warning big technology companies in the country that they will be subject to the same antitrust scrutiny and measures...

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China Forces Removal Of Didi From WeChat And Alipay Apps
China Forces Removal Of Didi From WeChat And Alipay Apps
July 07, 2021  |  Ridesharing

Chinese regulators forced Tencent’s WeChat messaging service and Ant Group’s Alipay to remove Didi from its app interface and rendered Didi no longer searchable in...

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Ant Group Could Share Data With China Via Credit-Scoring Partnership
Ant Group Could Share Data With China Via Credit-Scoring Partnership
June 23, 2021  |  International

Jack Ma’s Ant Group is in the midst of discussions with enterprises owned by China that would create a credit-scoring firm while making Ant’s data...

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Today In Payments: Wise Plans Direct Listing On LSE; Ant Could Go Public By Year-End
Today In Payments: Wise Plans Direct Listing On LSE; Ant Could Go Public By Year-End
June 17, 2021  |  News

In today’s top news, Wise plans to go public in London via direct listing, and Ant Group could go public at a slashed valuation. Plus,...

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Ant Could Go Public By Year-End With Valuation Slashed 60 Pct 
Ant Could Go Public By Year-End With Valuation Slashed 60 Pct 
June 17, 2021  |  IPO

China’s Ant Group could go public before 2021 closes out, although the tech giant’s valuation is anticipated to be reduced by as much as 60...

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Google, Alibaba, Ant Group Seek Payment Licenses In Singapore
Google, Alibaba, Ant Group Seek Payment Licenses In Singapore
June 04, 2021  |  International

Is Singapore poised to become Asia’s Silicon Valley? It might, if Sopnendu Mohanty, the Monetary Authority of Singapore’s (MAS) chief FinTech officer, has anything to...

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Ant Group Gets Green Light For Consumer Finance Operations
Ant Group Gets Green Light For Consumer Finance Operations
June 03, 2021  |  International

Jack Ma’s Ant Group was given the go-ahead to start operations at its consumer finance company — Chongqing Ant Consumer Finance Co. — after being...

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Today In Payments: Ant Group Expands Digital Yuan Trial; Kabbage, FinTechs Reportedly Under DOJ Scrutiny Over PPP Loans
Today In Payments: Ant Group Expands Digital Yuan Trial; Kabbage, FinTechs Reportedly Under DOJ Scrutiny...
May 10, 2021  |  News

In today’s top news, China’s digital yuan trials have been expanded to Alipay users, and the U.S. Department of Justice is investigating how several FinTechs, such as...

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Investor Social Network Snowball Finance Weighs $300M IPO
Investor Social Network Snowball Finance Weighs $300M IPO
May 07, 2021  |  IPO

Snowball Finance Beijing Internet Information Technology Co., an online financial information and social network portal backed by Ant Group, is looking into a $300 million...

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