The Latest Breaking News from Ant

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Huang rose seven places on Hurun's annual list of China's wealthiest people, thanks to surging business at both Pinduoduo and Temu.

Founder Jonathan Quin is understood to have questioned changes to risk and oversight functions at meetings of the firm’s risk committee.

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Years-long regulatory scrutiny on Alibaba’s (BABA) affiliate Ant Group recently ended with a fine, indicating that Beijing is wrapping up its crackdown on tech firms. Moreover, the e-commerce giant’s prospects look promising with new offerings and strategic partnerships. But as the company missed its fourth-quarter revenue estimates, let’s find out…

Alibaba has been underperforming the markets since late 2020, but the stock looks attractive at these levels as China vows to support the country's economy, as well as the tech sector.

Chinese e-commerce giant Alibaba has said it will not sell any shares in its one-third shareholding in financial technology company Ant Group Co_ because it wants to retain its stake in an “important strategic partner.”

Beijing cracked down on the companies Ma founded after he publicly criticized Chinese regulators.

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Billionaire-backed firm aims to retain talent and offer exit to affected investors.

BEIJING: Chinese regulators said on Friday they had fined the fintech giant Ant Group almost $1 billion for “illegal acts” and handed an affiliate of rival Tencent a $415-million penalty, adding that a long-running crackdown on technology companies was drawing to a close.