Ant Group Archives

China’s central bank accepts Ant’s application for financial holding company
Sources say PBOC taking application means license may come soon

Disha MitraJune 18, 2022

China's central bank accepts Ant's application for financial holding company.Source: The Economic Times This week, sources confirmed that China's central ba...

BusinessNews

Beijing gives initial nod to revive Ant IPO after crackdown cools
Ant aims to file preliminary prospectus as soon as July-sources

Disha MitraJune 11, 2022

Source: The Economic Times Jack Ma's Ant Group has received the initial nod from the Chinese Leadership for the revival of its initial public offering (IPO)...

BusinessNews

China’s Ant Group to take up majority ownership of payments platform 2C2P

Srestha RoyApril 19, 2022

As part of a cooperation, Ant Group, the fintech arm of China's Alibaba Group (9988.HK), will become the largest shareholder in Singapore-based payments platfor...

News

China asks state firms to check investments in Jack Ma’s Ant Group

Srestha RoyFebruary 22, 2022

According to sources familiar with the case, Chinese authorities have directed the country's largest state-owned enterprises and banks to do further checks on t...

BusinessNews

Paytm app is seen on a smartphone in this illustration

Will Paytm’s poor listing haunt upcoming startup IPOs?

BalrajNovember 21, 2021

Paytm's listing on the stock exchange was a watershed moment in numerous ways. It was not just the largest IPO in Indian history, but it was also a turning poin...

BusinessIndia NewsMarketsStartupsTech

Exterior view of PayTM office in Noida, Uttar Pradesh, on the outskirts of New Delhi, India

Paytm IPO Day 2: Total subscription was 35%, with retail portion fully booked

BalrajNovember 9, 2021

Paytm's Rs 18,300 crore IPO was subscribed 35 percent at 12:45 pm on the second day of the offering, according to statistics released by the stock exchange. ...

BusinessIndia NewsMarketsStartupsTech

Paytm’s IPO likely to open on November 8; bringing the IPO size to Rs 18300 crore
At a price band of Rs 2,080 - 2,150 per share

BalrajOctober 29, 2021

The much-anticipated initial public offering (IPO) of One97 Communications, which operates the digital payments firm Paytm, will commence on November 8 and end ...

India NewsStartupsTech

Major Sectors affected by China’s crackdown so far

Rohit YadavAugust 18, 2021

China's months-long regulatory assault on a slew of private enterprises has rattled both newcomers and long-established businesses, ushering in a new, uncertain...

BusinessMarketsNewsTechTrending

Paytm to increase ESOP pool to 61M shares before IPO, seeks shareholders’ nod on Sept 2

BalrajAugust 10, 2021

One97 Communications Ltd, the parent company that controls Paytm, announced on Monday that it will be increasing its employee stock ownership plan (ESOP) pool a...

India NewsMarketsStartups

Alibaba earnings drop amidst regulation by CCP

Rohit YadavAugust 3, 2021

Alibaba Group, China's largest e-commerce company, reported reduced profit but stable sales growth on Tuesday, signalling that a government crackdown on the cou...

BusinessMarketsNewsTechTrending