Alipay

Street Signs: Zomato's share snapback, DOMS soars at 60%, and more

The stock performance of restaurant aggregator and food delivery platform Zomato could improve following the removal of the share sale overhang

Alipay Singapore Holding to sell 3.44% stake in Zomato on Wednesday

Alipay's sister concern Antfin Singapore Holding held another 6.39 per cent stake in Zomato at the end of the September 2023 quarter

Alipay sells entire 3.44% stake in Zomato, Axis MF unveils new fund scheme

WhiteOak Capital Mutual Fund on Wednesday anno­unced the launch of new fund offer (NFO) - Large & Mid Cap Fund, an open-en­ded equity scheme investing in both largecap and midcap stocks

Vanguard to Goldman Sachs, global firms rush to buy Alipay's Zomato stakes

Shares of Zomato have nearly doubled this year as the company started to turn a profit after going public in 2021, prompting some of its biggest investors to lock in gains on their investments

China's Alipay sells stake in Zomato for nearly $400 million: Term sheet

The deal comes after Reuters reported on Tuesday that Alipay was planning to sell its 3.4% in Zomato through block deals on the Indian stock exchanges

Zomato zooms 4% after over 300 mn shares change hands in block deals

According to a Reuters report, Alipay Singapore Holding has sold its entire 3.44 per cent stake in the company for $400 million

China's Alipay plans to sell 3.4% stake worth near $400 mn in Zomato

Bank of America and Morgan Stanley are advisers on the deal, which is likely to be executed later this week on Indian exchanges, said the three sources, who declined to be named as the plan is private

Understanding the e-yuan initiative

There is merit in carefully examining the recent developments in China's sovereign digital currency space and participating in it if India's interests are served

China plans to break up Ant's Alipay, force creation of separate loans app

Beijing wants to break up Alipay and create a separate app for the company's highly profitable loans business, the Financial Times reported on Sunday.

China orders Alipay, banks not to assist cryptocurrency trading

Bitcoin declines to two-week low and ether falls 13% as crackdown widens

Donald Trump orders ban on transactions with eight more Chinese apps

Trump has signed an executive order barring transactions with eight Chinese apps including Alipay and WeChat Pay to protect America's national security

Ant Group stops offering sales of online deposit products at Chinese banks

Ant has "voluntarily removed" the online deposit products from Alipay "in accordance with the recent regulatory requirements for online deposits services," according to a company statement

India blocks access to 43 more Chinese apps, including AliExpress

The apps were blocked on grounds of national security.

Jack Ma to become richer than Walmart heirs with mega Ant Group IPO

Ma's 8.8% stake is worth $27.4 billion based on the stock pricing in Hong Kong and Shanghai

Banks working on Ant Group's Hong Kong IPO could get $396 million windfall

Ant is set to raise as much as $19.8 billion in Hong Kong if it fully exercises an over-allotment option

As IPO looms, all you need to know about billionaire Jack Ma's Ant Group

A 2011 offshoot of Chinese giant Alibaba Group Holding Ltd., the firm has defined and dominates the Chinese payments market through its ubiquitous Alipay app

Ant Group files for HK-Shanghai IPO; first-half profit rises 1,000%

Ant's Alipay service processed $17 trillion in transactions

Urged by central bank, China weighs antitrust probe into Alipay, WeChat Pay

Any investigation would likely dampen enthusiasm for Ant Group's planned dual listing in Hong Kong and Shanghai that is seeking a valuation of more than $200 billion

Jack Ma's Ant seeks $200 billion value in landmark dual IPO: Report

Ant is planning to list on Shanghai's STAR market & Hong Kong

After Facebook, RIL in talks with other global investors for similar deal

Earlier, there have been reports of Reliance talking to Google