Ant Group to Withdraw Investment from A&T Capital amid Market Downturn
The company’s decision to distance itself from A&T Capital comes when the crypto industry is navigating its own set of challenges.
Ant Group Rolls Out New Blockchain Platform for Web3 Development ZAN
ZAN is powered by technical innovations from AntChain Open Labs.
Ant Group Prepares for Hong Kong IPO with Strategic Restructuring
Ant Group’s IPO was halted in 2020 after the Chinese government intervened, citing rising concerns about the company’s growth and potential systemic threats to the financial industry.
Alibaba Shares Up 3% as Ant Group’s Investigation Closing Soon
The introduction of new broader regulations could potentially be equally stringent, or even more comprehensive, in addressing systemic risks, market competition, data security, and other concerns within the tech industry.
Tencent and Ant Group Open Up Mobile Payments to Foreigners in China
The latest announcement means that Tencent and Ant want to allow visitors to make payments with different vendors in China.
Ant Group Confirms Reports about Its Own AI Large-Language Model
By Tolu Ajiboye
Reports in Chinese media about an Ant Group LLM for AI have been confirmed by the company, however, without any additional details.
China Welcomes Tech IPO Endeavors from Alibaba, JD.com, & Others after Lengthy Spell on Sidelines
By Tolu Ajiboye
Following two years of crackdowns and sanctions, China appears ready to unlock private sector potential via tech IPO developments.
Alibaba Agenda to Restructure Its Businesses Stokes Speculation Regarding Suspended Ant Group IPO
By Tolu Ajiboye
As the tech space digests the Alibaba news, attention also shifts to what becomes of Ant Group’s 2020 suspended IPO.
SoftBank & Ant Seek to Gradually Sell Paytm Stakes to Reduce Holdings in Firm
By Tolu Ajiboye
SoftBank & Ant Group previously offered to sell their Paytm stakes to Bharti Airtel founder-chairman Sunil Mittal.
Ant Group Enters Strategic Partnership with NBA in China
The strategic partnership will see the two parties pull their resources together, in such areas as video content, membership, as well as program broadcasting.
Fidelity Investments Trims Ant Group’s Valuation by Another 9%
Apart from Fidelity, another investment management company Blackrock also lowered its estimates for Ant in 2022.
Tencent Shares Hit Multi-Month Highs Atop Regulatory Ease
With the easing of pressure from authorities, Tencent shares may still see additional upshoots when compared to the level it is currently at this time.
Ant-linked Firms See Shares Rise Markedly Following Jack Ma Control Relinquishment
By Tolu Ajiboye
Several Ant-linked firms experienced a notable increase in the value of their shares after a Ma organizational development.
Ant Group Says They Have No Plans for IPO as Jack Ma Gives Up Control
Jack Ma’s giving up control has already pushed the timeline of the IPO launch for three years on Shanghai’s STAR Market.
WeDoctor Plans to Float Its IPO by H2 2023
The Chinese government appears to be easing down on its crackdown on top tech companies and this may be a perfect window for WeDoctor to launch.