The planned acquisition follows the Chinese financial technology group’s purchase of Singapore-based payments firm 2C2P
Among other measures, the rules implement tougher licensing regulations and call for stronger protection of user information and payment accounts
The announcement came a day after the group was fined $984 million in what is likely to be the end of a years-long regulatory crackdown on the once storied Chinese company
Billionaire Jack Ma's fintech group aims to file a preliminary prospectus for the share offering in Shanghai and Hong Kong as early as next month, sources told Reuters
Company offered consumer-credit services that were widely popular among Chinese consumers and small businesses
Less than a year after purchasing stock in Mango Excellent Media, Jack Ma’s e-commerce giant will sell its stake in the company. Will the South China Morning Post be next?
SoftBank, Berkshire Hathaway, Ant among payments firm’s backers IPO likely to be the biggest since flotation of India Coal in...
(ATF) China’s national online lending companies – estimated to number from 5,000 to 7,000 at the beginning of...
(ATF) More insight has been given into the thinking of Chinese regulators behind the...
WASHINGTON: The Trump administration has put on hold an effort to blacklist Ant Group, the Chinese...