The Latest Breaking News from Ant Group

China's central bank acknowledges that Ant Group's Alipay has no controller, marking a significant development in the regulation of digital payment platforms.

Alibaba blamed U.S. chip controls for its decision to abandon plans to spin-off its cloud computing unit as an independent company.

Chinese e-commerce giant Alibaba has said it will not sell any shares in its one-third shareholding in financial technology company Ant Group Co_ because it wants to retain its stake in an “important strategic partner.”

With the possibility of regulatory scrutiny coming to an end, is Chinese tech giant Alibaba Group (BABA) a buy after the launch of its generative AI tool? Let’s take a look at its financial metrics to gauge its prospects….

Beijing cracked down on the companies Ma founded after he publicly criticized Chinese regulators.

Billionaire-backed firm aims to retain talent and offer exit to affected investors.

BEIJING: Chinese regulators said on Friday they had fined the fintech giant Ant Group almost $1 billion for “illegal acts” and handed an affiliate of rival Tencent a $415-million penalty, adding that a long-running crackdown on technology companies was drawing to a close.

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.20%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.07%. U.S. stock index futures this morning initially erased overnight losses and turned higher after U.S. Jun nonfarm payrolls rose less than expected, which eases concerns...

Ant Group continue to support its local partners in Thailand to develop inclusive financial services i.e cross-border payment solution, virtual bank etc. for local consumers and business communities. However, the company is mainly focusing on cross-border payment solution in the Thai market, said general manager for global merchant partnership of Thailand…