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When will Ant Group crawl its way back to an eventual IPO?
MAS’s Mohanty and Ant Group’s Jing shared laughs over a 30 min fireside chat at SFF, as group plans to roll out global strategy.
December 15, 2023
China Focus
Jack Ma-backed Ant's profit fell 65% due to RMB7 billion yuan fine
Ant’s profit would have grown to RMB9.6 billion excluding the fine
November 16, 2023
E-payment
Southeast Asia will see 100% expansion in e-commerce market driven by digital payments, 2C2P commissioned report finds
The report finds SEA, Korea and Japan’s digital economy growing from US$501.7 billion in 2022 to US$914.9 billion in 2027.
October 23, 2023
China Focus
Vanguard sells stake in Ant JV, accelerating China exit
Vanguard sold its minority stake to Ant, but will provide support until the end of the year to smooth the transition for clients.
October 20, 2023
Zest
OCBC becomes first bank in Singapore to offer cross-border payments for customers through Alipay+
This partnership is OCBC’s latest cross-border payments collaboration, following its partnership with UnionPay earlier this year.
September 19, 2023
Tech
Carlyle, GIC skip Ant’s buyback after valuation slumps 70%
Temasek has said it’s seeking a better understanding of how Ant arrived at its repurchase valuation.
August 08, 2023
Global review
How Jack Ma's Ant Group is inching towards IPO reboot
It is unclear what Ant's final structure as a listed entity will be
July 26, 2023
China Focus
Alibaba to stay on sidelines of Ant’s US$6 bil stock buyback
Alibaba has said that it wants to maintain its slice of an important partner.
July 25, 2023
China Focus
Ant to buy back shares at 70% lower valuation than at IPO
With the regulatory clampdowns out of the way Ant can refocus on business growth and even pave way for reviving its IPO
July 08, 2023
Tech
Ant Group developing large language model technology
Ant is racing against companies including its affiliate Alibaba Group Holding Ltd., Baidu Inc. and SenseTime Group Inc.
June 22, 2023