Ant Group

The announcement of a nearly $1 billion fine by Chinese regulators on Ant Grouphas drawn a line under the fintech giant's woes and given hope to investors that a regulatory crackdown on…

While ChatGPThas created a significant impression in some parts of the world, the rest, like China, have moved to block the usage of AI-powered chatbots. Regulators in the country have…

SINGAPORE—The consumer-finance arm of China’s Ant Group Co. is planning to raise the equivalent of $1.5 billion in new capital, scaling back its fundraising ambitions…

HONG KONG—Billionaire Jack Ma plans to relinquish control of Ant Group Co., people familiar with the matter said, part of the fintech giant’s effort to move…

Ant Group Co., the Chinese financial-technology giant controlled by billionaire Jack Ma, disclosed that the chairman of the Hong Kong…

For decades, America’s largest card network has been the exclusive electronic-payments provider at the world’s largest sporting event. At this year’s Beijing Games, however,…

Indian fintech firm Paytm's initial public offering (IPO) of up to Rs. 18,300 crore was subscribed 48 percent on the second day of the issue period, receiving bids for 23.5 million shares,…

Ant Group-backed fintech firm Paytm said it has allocated shares worth Rs. 8235 crore to more than 100 institutional investors, including the government of Singapore, ahead of what is…

SINGAPORE— Jack Ma, Alibaba Group Holding Ltd. BABA 6.10% ’s billionaire co-founder, is…

Chinese regulators have ordered sweeping changes to the country's biggest payment app Alipay, as the ruling Communist Party attempts to rein in "the unruly growth" of the tech giants.Alipay…