Tag: Ant Group
India’s Paytm prices its stocks at $28.9 each at its $2.5bn...
Ant Group-backed India’s leading digital payments provider, Paytm has priced its shares at the top of the range for its $2.5 billion initial public...
Indian Fintech Paytm allocates $1.11bn to 100+ Anchor Investors
Ant Group-backed India’s leading digital payments provider, Paytm has allotted shares worth $1.11 billion to over 100 institutional investors, including the government of Singapore,...
China’s central bank vows to keep high pressure on crypto market
China’s central bank has pledged to maintain its strong regulatory pressure on cryptocurrency trading and speculation after rapidly increasing its clampdown in the sector...
Following record fine on Alibaba, Jack Ma’s fortunes jump
China just slapped a record antitrust fine on one of the world’s largest retailer and eCommerce companies, Alibaba Group Holding, on account of market...
Alibaba accepts massive penalty by regulator: Says ‘happy to get the...
Alibaba, the Chinese tech giant, said that it accepts the record penalty imposed by the country's anti-monopoly regulator.
Recently, Chinese regulators had imposed a $2.8 billion...
China slaps $2.78bn fine on Jack Ma’s Alibaba for market abuses
Chinese multinational company Alibaba Group has been fined $2.78 billion by the country’s regulators for anti-competitive tactics, as the ruling Communist Party tightens its...
China’s Ant Group lays financial self-discipline rules as govt scrutiny tightens
The world’s largest fintech company Ant Group has issued a set of financial self-discipline rules in light of increased scrutiny on its activities by...
Jack Ma knocked out of China’s richest man tag with empire...
The Chinese business tycoon Jack Ma has stepped out of the position of China’s richest man, the Hurun Global Rich List reveals, as his...
