By using block transactions, Softbank intends to sell 600 crore rupees worth of Delhivery shares Sneha Singh·March 1, 2023According to a February 28 report by CNBC Awaaz, the Japanese tech company Softbank Group intends to sell...Tech·0 Comments·0
Alibaba Says Goodbye to India with Sale of Entire Paytm Stake Indrajeet Giram·February 10, 2023Alibaba has completely exited the Indian market with its recent sale of its entire stake in Paytm. The...Markets·0 Comments·0
Alibaba Shares Rise as Jack Ma Transfers Control of Ant Group Indrajeet Giram·January 9, 2023Shares of Alibaba Group Holding Ltd. saw a surge on Monday after the company announced that founder Jack...Markets·0 Comments·0
Ant Group says Jack Ma relinquishes control of company Sumbul Farid·January 7, 2023On Saturday, one of China’s most influential financial tech companies, Ant Group, said that the billionaire entrepreneur, Jack Ma,...BusinessTrendingWorld·0 Comments·0
Issues at the ant group fundraising IPO being blocked with jack ma missing Indrajeet Giram·January 5, 2023There has been much speculation and concern surrounding the recent decision by Chinese regulators to block the initial...Markets·0 Comments·0
China set to fine Ant Group over $1 billion, Signalling revamp nears end-sources Aditi Bali·November 22, 2022According to recent reports, Chinese authorities are going to impose a fine of more about than $1 billion...News·0 Comments·0
Alibaba Group posts net loss of $2.88 billion in Q3 Thomas Babychan·November 17, 2022Multinational conglomerate Alibaba Group Holding on Thursday reported a net loss of 2.88 billion dollars (20.6 billion yuan)...BusinessMarketsNewsTechTrendingWorld·0 Comments·0
Billionaire Jack Ma plans to cede control of China’s Ant Group This was following a regulatory crackdown that scuppered the company's $37 billion IPO. Disha Mitra·July 29, 2022Billionaire Jack Ma is reportedly planning to give up reins of the Ant Group, as specified by reports...BusinessNews·0 Comments·0
China’s central bank accepts Ant’s application for financial holding company Sources say PBOC taking application means license may come soon Disha Mitra·June 18, 2022This week, sources confirmed that China’s central bank has accepted an application from Ant Group for setting up...BusinessNews·0 Comments·0
Beijing gives initial nod to revive Ant IPO after crackdown cools Ant aims to file preliminary prospectus as soon as July-sources Disha Mitra·June 11, 2022Jack Ma’s Ant Group has received the initial nod from the Chinese Leadership for the revival of its...BusinessNews·0 Comments·0