Five years after the Chinese government quashed Ant Group’s plans for what would have been the world’s largest initial public ...

FILE - In this Friday, Oct. 23, 2020, photo, an employee walks past a logo of the Ant Group at their office in Hong Kong. Chinese regulatory authorities are fining Ant Group 7.123 billion yuan ($984 ...

Ant Group—an Alibaba affiliate founded by billionaire Jack Ma, a recent target of Chinese regulators—was fined $985 million by the People’s Bank of China on Friday, according to China’s central bank, ...

SHANGHAI--(BUSINESS WIRE)--Ant Group today unveiled its financial large language model (“the financial LLM”) at the 2023 INCLUSION·Conference on the Bund, alongside two new applications powered by the ...

Chinese retail giant, Alibaba (NYSE:BABA), said that it will not participate in affiliate Ant Group's share buyback program, according to a report by Reuters. Ant Group announced its plan to ...

(Bloomberg) -- Jack Ma-backed Ant Group Co.’s international division generated nearly $3 billion in revenue for 2024, according to people familiar with the matter, setting the stage for a spinoff ...

This is just the latest in a long line of moves that Chinese regulators have taken to dampen the power of Big Tech in the country. Jack Ma’s Ant Group was ordered to restructure by Chinese regulators: ...

HANGZHOU, China--(BUSINESS WIRE)--Ant Group, a global technology provider, today announced its Environmental, Social and Governance (ESG) strategy as part of its latest sustainability report. The ESG ...

Ant Group today unveiled Plan A, a new recruitment initiative to attract top artificial intelligence researchers, reinforcing its commitment to accelerating AI research and development under the “AI ...

(Reuters) - China's Ant Group Co Ltd has invested far and wide overseas, both to expand its own Alipay payments service and in local e-wallet companies. But ahead of its $34.4 billion (26.4 billion ...

SHANGHAI, Nov 16 (Reuters) - China's Ant Group made net profit of 2.59 billion yuan ($357.34 million) in the three months to June 30, down 66.45% from a year earlier, according to Reuters calculations ...