Unbundling Ant Financial
Beijing makes plans to separate financial giant Alipay Ant Group, which is 33 percent owned by Alibaba. Also, Beijing indends to create a separate credit reporting app that would be partly ...
Alibaba shares fall
Chinese e-commerce giant Alibaba reported 1.18 billion active customers and increased its share buyback programme to a record $15 billion. However, the negative trends seen by investors outweighed and Alibaba ...
Taxi service Didi
Chinese giant Didi Global Inc said Beijing's order to remove the taxi-calling service from app shops in China could hit revenues. At the same time, other Chinese companies that recently went public in the US have also been the targ...
Losses due to fine
Alibaba reported stronger revenues and number of active users in the March quarter than Wall Street expected, but posted its first loss in nine years because of a major antitrust fine.
Shares in Chinese e...
The Chinese billionaire Jack Ma, who has fallen out of favor with the Chinese authorities, is trying to save the first public sale of shares in Ant Group.
Ant Group is a subsidiary of Alibaba Group, with a 33% shareholding, and the largest fin-tech ...
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