Ant Group
TMT
China's Antfin pulls out over $340 mn more from Zomato
China's Antfin, part of Jack Ma-founded Ant Group and an affiliate of Alibaba Group, has trimmed its stake in Zomato ......
Finance
Zomato's net loss widens in Q4, gross order value at record high
Ant Group-backed food aggregator Zomato Ltd reported a net loss of Rs 359.7 crore for the quarter-ended March versus a ......
Finance
Warburg cuts Ant valuation by 15% to below $200 bln - source
U.S. private equity firm Warburg Pincus, a major global investor in Ant Group, has cut its valuation of the Chinese ......
General
Grapevine: Zomato to close pre-IPO round; Voda mulls part-exit from Indus Towers
Online food delivery platform Zomato is closing a fresh $500 million (about Rs 3,650 crore) investment at a valuation of ......
Markets
Flashback 2020: Global equity market activity tops $1 trillion for first time
Emergency corporate fundraising and a clamour for tech stock market listings pushed equity capital market volumes to over $1 trillion ......
TMT
Chinese regulators probe Paytm backer Ant Group's equity investments
Chinese regulators are reviewing equity investments held by Ant Group Co Ltd in dozens of companies, three people with knowledge ......
TMT
China pushes Ant Group overhaul in latest crackdown on Jack Ma
China's central bank disclosed on Sunday it had asked the country's payments giant Ant Group Co Ltd to shake up ......
TMT
Ant Group considers Paytm stake sale amid India-China tensions
Chinese fintech giant Ant Group is considering selling its 30% stake in Indian digital payment processor Paytm amid tensions between ......
Markets
How billionaire Jack Ma fell to earth and took Ant's mega IPO with him
They say talk is cheap. Tell that to Jack Ma. Corporate China's shiniest star was just days away from seeing his ......
Finance
Big fees and bragging rights lost: Ant Group bankers hit by shock IPO suspension
The eleventh-hour halt to Ant Group's record $37 billion listing has not only hurt the firm, but also lead bank ......