Por: Forbes Business January 04, 2023
China Last NightKraneShares Key News Asian equity markets were mixed as Hong Kong outperformed. South Korea, the Philippines, and Australia outperformed while Japan, India, and Indonesia underperformed. We knew that Hong Kong was going to have a good day after a strong day in US listed China ADRs despite a weak US equity market. There was more than one catalyst today though Alibaba’s Ant Group being approved by the China Banking and Insurance... + full article
Fox Business USA Business January 07, 2023
Check out what's clicking on FoxBusiness.com Ant Group's founder Jack Ma will no longer control the Chinese fintech giant after shareholders agreed to implement a series of adjustments. Ma will give up most of his voting rights, the group said on Saturday.The move... + más
China’s Fintech Giants Ant Group’s Alipay And Tencent’s WeChat Diminished By Crackdown, But Still Formidable | Forbes
Alipay+ Feels Like Déjà Vu All Over Again | Forbes
Forbes USA Business January 04, 2023
Jack Ma, co-founder of e-commerce giant Alibaba and fintech giant Ant Group. (Photo by Chesnot/Getty Images)Getty Images Chinese billionaire ’s Ant Group won regulatory approval to boost the registered capital of its consumer finance unit by 10.5 billion yuan ($1.5 billion), a... + más
Associated Press USA Tech January 04, 2023
HONG KONG (AP) — Chinese regulators have said e-commerce giant Alibaba’s finance affiliate Ant Group can raise $1.5 billion for its consumer finance unit in an important step forward after the government called off a planned IPO two years ago and ordered the firm to... + más
WPLG Local 10 USA Tech January 04, 2023
HONG KONG – Chinese regulators have said e-commerce giant Alibaba’s finance affiliate Ant Group can raise $1.5 billion for its consumer finance unit in an important step forward after the government called off a planned IPO two years ago and ordered the firm to... + más
Forbes USA Business December 08, 2022
Alipay+ is Ant Groups re-branded push into ex-China markets, but is it just more of the same or does ... [+] it mark a new change in direction?AFP via Getty Images In the days before China’s tech crackdown humbled the country’s largest platform companies, Ant Group seemed... + más
From Walmart to Venmo and Klarna, industry insiders pick the companies they believe have the best chance at standing up a 'super app' in the US | Business Insider
MarketWatch USA Business November 12, 2022
The two companies said only that sales for the annual Singles Day, which ended Friday, were comparable to last year’s. That raised the possibility of relatively weak gains, at least for Alibaba (BABA). For 2021’s event, the company reported $84.5 billion in total value of... + más
Alibaba Earnings Topped Estimates. Why the Stock Is Falling. | MarketWatch
Alibaba posts loss, slower revenue amid lower consumption | Associated Press
Forbes USA Business November 10, 2022
Over the past few years, China has cracked down heavily on fintech which has lead many to believe it ... [+] was the end of the fintech giants. Rumors of their demise have been greatly exaggerated.getty China’s fintech sector was never the same after November 3, 2020. That was... + más
Elon Musk's plans for Twitter may take inspiration from Chinese super apps | CNBC
Market turbulence, inflation, geopolitical uncertainty prompt dip in fintech investment: KPMG | Fox Business
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