Chinese billionaire Jack Ma will cede control of fintech giant Ant Group as part of a restructure, the company announced Saturday.
“No shareholder, alone or...
Ant Group Digital Technologies, a digital technology provider of Ant Group, said the digitalization trend of the country’s financial sector and the push towards...
Shares in Alibaba slumped more than five percent on Tuesday following a report that Beijing regulators had ordered a fresh investigation into state firms'...
Mumbai, India—India’s biggest-ever initial public offering opened Monday with digital payments platform Paytm looking to raise nearly $2.5 billion, in what has already been...
BEIJING, China—Chinese regulators have ordered sweeping changes to the country’s biggest payment app Alipay, as the ruling Communist Party attempts to rein in “the...
Beijing—China denied on Friday it was planning to hit e-commerce giant Alibaba with a fine of almost $1 billion for allegedly flouting monopoly rules,...
Asian markets were mixed Wednesday as traders tracked results of the US presidential election, with an early rally pared by worries that the outcome...
By Dan Martin And Jessica Yang
Shanghai, China—The most essential item in aircraft engineer Tao Rui’s possession during a recent outing in Shanghai was the...
