Showing results for "#Ant Group"
China's central bank agrees Ant Group's Alipay has no controller
In January, Ant Group said its founder Jack Ma will no longer control the fintech giant and give up most of his voting rights.
Xi Jinping personally decided to halt Ant’s USD 37-billion IPO, claim...
14 Nov 2020 3:45 AM ISTChina’s President Xi Jinping personally decided to pull the plug on Ant Group’s $37-billion (£28 billion) initial public offering, the Wall Street...
Paytm refutes report on China's Ant Group considering stake sale
2 Dec 2020 7:08 PM ISTPaytm on Wednesday refuted a report that said that one of the company's major shareholders, Chinese financial technology giant Ant Group, is...
China's state broadcaster implicates Jack Ma's Ant Group in corruption...
21 Jan 2022 10:00 PM ISTChina's state broadcaster has implicated Jack Ma's Ant Group in a corruption scandal, ratcheting up pressure on the billionaire following a crackdown...
Alibaba’s Jack Ma under pressure to cede control of Ant Group
29 July 2022 1:34 AM ISTThe report said, citing unnamed sources, that Ma could cede control by transferring some of his voting power to Ant officials including Chief...
Regime pressure: Jack Ma gives up Ant Group control
8 Jan 2023 6:45 AM ISTOne of China’s most recognisable entrepreneurs, Ma once exem-plified a generation of technology moguls with rags-to-riches tale and penchant for...