Ant Group

100 results about this entity

Period: 20 Sep 2018 - 07 Nov 2024

/retail

Ant files for IPO

Chinese fintech giant Ant Group made a $3.2 billion profit in the first half of 2020, according to paperwork filed to list its shares in Hong Kong and Shanghai.

/retail

Ant Group plans consumer finance firm

Fintech giant Ant Group is planning to set up a consumer finance company that will offer Chinese people online loans, according to reports.

/payments

Alipay and WeChat Pay could face antitrust investigation - Reuters

China's antitrust agency is pondering an investigation into Alipay and WeChat Pay after the country's central bank raised concerns about the mobile payment behemoths, according to Reuters.

/retail

Ant Group creates new blockchain-based technology unit

Chinese giant Ant Group has unveiled AntChain, a new technology brand for the financial firm's blockchain platform that also aggregates other digital technologies including AI, Internet of Things (IoT) and secure computation.

/inclusion

Ant Financial plans IPO in Shanghai and Hong Kong

Ant Financial has kicked off an IPO set to value the company at $200 billion, with a concurrent listing on the Shanghai Stock Exchange’s Star board and The Stock Exchange of Hong Kong

/wholesale

MYbank unveils five-year plan to reach more SMEs across China via supply chain finance

MYbank, a leading online private commercial bank under Ant Group, today announced a five-year plan to reach more small and micro enterprises (SMEs) across China via supply chain finance and rural lending.

/regulation

Ant drops 'Financial' from name - WSJ

Ant Financial Services Group has been given the green light by Chinese regulators to change its name in a move that could help it avoid scrutiny from the country's financial watchdogs.

/payments

Ant Financial-backed fund invests in B2B FX engine Wallex

Wallex Technologies, a fintech startup headquartered in Singapore focused on serving FX and cross border payment needs of SMEs, announced that it closed its Series A funding led by BAce Capital, SMDV and Skystar Capital.

/payments

Alipay mini programmes gain traction with Chinese service providers

Alipay, the world’s leading open digital lifestyle platform operated by Ant Group, today unveiled data showing how China’s service industry is embracing the power of digital technology as it continues to recover from the impact of COVID-19 and prepare for the future.

/inclusion

Ant Financial injects $73.5 million into Myanmar's Wave Money

Ant Financial is to pour $73.5 million into mobile financial services provider Wave Money as part of an initiative to promote financial inclusion for the unbanked in Myanmar.

/retail

Chinese giants lead blockchain patent applications

Alibaba and Ant Financial lead the ranking for blockchain patent applications, filing 2344 claims in total over the past two years.

/wholesale

Ant Financial opens blockchain platform to developer and SME community

Chinese banking behemoth Ant Financial is opening up its proprietary blockchain platform to small businesses and developers to help in the creation of multi-user trust-based digital applications.