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The Latest Breaking News from Ant Group

Jack Ma, Warren Buffett Backed Paytm Looks To Breakeven Soon: Bloomberg

Paytm, backed by SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) and Alibaba Group Holding Ltd's (NYSE:BABA) fintech affiliate Ant Group, looks to break even on an operating basis over the next year-and-a-half, Bloomberg reports. The Indian digital payments pioneer doubled its gross merchandise value to $34.3 billion in the March quarter. Paytm looks to become profitable in…

Here's Why Jack Ma Led Alibaba Affiliate's IPO Got Postponed Indefinitely

Here's Why Jack Ma Led Alibaba Affiliate's IPO Got Postponed Indefinitely

Jack Ma's Alibaba Group Holding Ltd (NYSE:BABA) affiliated fintech Ant Group's Hong Kong listing got postponed indefinitely as the bankers remained concerned over China's continued crackdown on the domestic tech sector, the Infomation reports. The weakness of publicly traded Chinese tech stocks, including Alibaba, has made it difficult for Ant and its stakeholders.…

Ant Group’s Self-Inspection Almost Done, Banking Regulator Says

Ant Group’s Self-Inspection Almost Done, Banking Regulator Says

Trend of a real estate bubble has basically been reversed, CBIRC chief Guo Shuqing also says

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Why Alibaba Shares Are Trading Lower Today

Alibaba Group Holding Ltd (NYSE: BABA) is trading lower Tuesday following reports suggesting China asked state firms to check their investments in Jack Ma's Ant Group.

Ant Group Founds Software-as-a-Service Unit

The fintech giant is pivoting as regulatory scrutiny crimps its core business

Indonesia’s Akulaku lands $100 million from SCB

Akulaku, an Indonesian online lender backed by Jack Ma’s Ant Group, has pulled in US$100 million from one of Thailand’s biggest lenders to expand its business in Southeast Asia.

ZhongAn's Big-Tech Ties In Focus As Alibaba-linked Ant Trims Stake

Key takeaways: • Ant Group, one of the three founders of ZhongAn, disclosed last week it trimmed its stake in the digital insurer • ZhongAn has close business ties to the three parents, especially Ant and its Alibaba affiliate under a platform cooperation agreement

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Alibaba Affiliate Is Linked To Corruption Scandal: Report

Alibaba Affiliate Is Linked To Corruption Scandal: Report

China's state broadcaster has implicated Jack Ma's Ant Group in a corruption scandal,

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