The company will give 10 individuals, including the founder, management and staff, voting rights independently, effectively removing Mas voting control…
The Chinese billionaire entrepreneur is taking a step further away from the business empire he created decades ago....…
...HONG KONG (Reuters) - Ant Groups founder Jack Ma will no longer......…
...HONG KONG, Jan 7 (Reuters) - Ant Groups founder Jack Ma......…
January 07, 2023 11:34 AMThe changes mean Mr Mas voting rights will fall from 50% to 6.2%....…
Ant Group, the fintech sister company of the e-commerce behemoth Alibaba, is one of Chinas most influential companies....…
The restructuring is the most substantial tweak to the world’s largest fintech company, after the regulatory scrutiny its was placed…
...(Adds background, details)
SHANGHAI, Jan 7 (Reuters) - Chinas Ant...%,
according to Reuters calculations.
While Ma only owns a 10% stake......…
...SHANGHAI, Jan 7 (Reuters) - Chinas Ant Group said on
Saturday... to Reuters calculations.
(Reporting by Yingzhi Yang and Brenda Goh; Editing…
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HANGZHOU (IT-Times) - Der chinesische Internetkonzern Alibaba Group Holding Ltd. ist nicht nur im E-Commerce- und Cloud-Geschäft aktiv, sondern bietet…
Lange hielten die Machthaber in Peking an ihrer Null-Covid-Strategie fest, doch der Erfolg blieb aus. Mit der teilweisen Abkehr von…
The Hang Seng Index reaches a six-month high after a 6.5 per cent rally in the opening week of 2023.…
Two stocks that have led the rally in Chinese equities on U.S. stock exchanges are Alibaba (BABA) and Baidu (BAIDU).…
Alibaba (BABA) closed the most recent trading day at $104.58, moving +0.64% from the previous trading session....…
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Regulatory approval points to a potential softening between Chinese authorities and the countrys tech giants....…
NEW YORK, Jan. 5, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for LW, CHTR, TSLA, ULTA, and BABA. Click…
Alibaba Group Holding Limited (NYSE: BABA) fintech affiliate Ant Group promoted 20-year veteran Sophie Wu Minzhi to Chief People Officer, replacing Sam Zeng…
The ADRs of Chinese technology firms expanded sharply today in the U.S. markets, after China approved Ant Group's capital expansion…
Courtney Garcia, Payne Capital Market senior wealth advisor and CNBC contributor, joins CNBC's "Power Lunch" to discuss recent calls on…
A whale with a lot of money to spend has taken a noticeably bearish stance on Alibaba Group Holding.
Looking at…
Chinese stocks jumped today after Chinese regulators approved Ant Groups new capital plan for its consumer finance unit....…
Pinduoduos Colin Zheng Huang and Ant Groups Jack Ma each added billions to their fortunes....…
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NEW YORK (IT-Times) - Heute steigen die Aktien von in den USA notierten chinesischen Technologiekonzernen wie Alibaba, Baidu und JD.com…
Das Unternehmen, das den in China beliebten Bezahldienst Alipay betreibt, darf bei seiner Tochter für Verbraucherfinanzen das Kapital aufstocken.…
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Erneut hat sich die Stimmung an den US-Börsen kurz nach dem Handelsauftakt gedreht. Während die Indizes nach einem freundlichen Start…
NEW YORK, Jan. 4, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BABA, NVDA, CRM, NTES, and AAPL. Click…
Alibaba Shares Jump As China Regulators Grant Ant $1.5 Billion Capital Plan
…
The government has greenlit a request from Ant Group—of which Alibaba is a major owner—to raise capital. The news is…
Alibaba was helping to lead U.S.-listed shares of China internet companies higher in Wednesday's premarket action amid signs of encouraging…
Ant Group, which previously had its own IPO plans scuttled by regulatory concerns, was allowed to double its registered capital…
These are the stocks posting the largest moves in early morning trading....…
The promotion in Ant Group’s human resources department came hot on the heels of the green light for Chongqing Ant…
Die Alibaba-Aktie (WKN: A117ME) startet fulminant ins neue Jahr: Nach knapp +4,5% am Dienstag springt das China-Papier am Mittwoch vorbörslich…
Alibaba Cloud recently signed an agreement with the Suiwu Modern Industrial Park Management Committee and Hangzhou Shiyan Technology (literal translation…
Tesla edges higher after shares of the electric-vehicle company declined more than 12% on Tuesday. Apple shares rise after the…
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Alipay unveiled on an open platform that it had officially completed the upgrade for its message box on the front…
CHONGQING/HONGKONG (dpa-AFX) - Die chinesische Technologiefirma und Alibaba-Beteiligung (Alibaba) Ant Group von Milliardär Jack Ma kommt bei der Lösung ihrer…
CHONGQING/HONGKONG (dpa-AFX) - Die chinesische Technologiefirma und Alibaba-Beteiligung Ant Group von Milliardär Jack Ma kommt…
Chinese regulators have said e-commerce giant Alibabas finance affiliate Ant Group can raise $1.5 billion for its consumer finance unit…
Shawn Yang of Blue Lotus Capital Advisors says apparel and makeup, which are product categories under Alibaba, are likely to…
Ant Groups consumer finance unit has received approval to more than double its registered capital, a sign of progress in…
Hong Kong stocks opened mixed on Wednesday, with the benchmark Hang Seng gaining over 1%, as investors and traders braced…
Stocks chalk up further gains in the new year with traders encouraged by China’s pledge to shore up its virus-hit…
Alibaba Group Holding Limited (NYSE: BABA) founder Jack Ma, who maintained a low profile since China's regulatory crackdown amid the massive Covid…
NEW YORK, Jan. 3, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MULN, SWVL, ATNF, BABA, and PINS. To…