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Dec 31, 2023 · The division of Alipay owner Ant Group’s controlling stake previously held by founder Jack Ma among 10 people has been approved by the central bank, paving the way for the company’s highly ...
Apr 12, 2021 · Ant Group’s financial services app, Alipay, has a user base of more than 700 million people in China, giving it huge influence in the country’s financial system.
Jul 9, 2020 · Ant Group arm to offload 3.4% stake in Zomato for Rs 3,290 crore. According to a term sheet released by the deal broker, BofA Securities, Alipay Singapore Holdings, an entity of the Ant Group, has proposed to sell 296.1 million shares at an offer price of ₹111.28 per share. The offer price is at a 2.2% discount to Zomato's closing price on ...
Oct 26, 2020 · Published Oct. 26, 2020 Updated Nov. 6, 2020. Ant Group, the Chinese financial technology titan, is set to raise around $34 billion when its shares begin trading in Hong Kong and Shanghai in the ...
Oct 10, 2020 · Through Ant Group, which began life as a payments service on Alibaba, Mr Ma’s impact on the Chinese financial system has been profound. Ant has helped establish China as the world leader in ...
Jan 6, 2023 · Ant Group has worked to restructure its companies in accordance with Chinese authorities’ demands. Last month, regulators approved a $1.5 billion capital increase plan for its consumer lending ...
Oct 27, 2020 · Ant Group, the operator of Alipay, is expected to be the biggest initial public offering on record, outpacing Saudi Aramco’s US$29.4 offering last year. Photo: Reuters.
