Ant Financial

Ant Financial's stake value declines to Rs 2,742 crore on Paytm woes

The Chinese company, however, had sold its stake worth Rs 8,293 crore in three tranches over the one year thus saving a major part of its portfolio from the meltdown

Paytm shareholding changes: Ant exceeds 25% mark, MFs increase their stake

The revised shareholding pattern shows that mutual funds have further increased their position since December 2022 from 1.73 per cent to 2.68 per cent

Softbank to divest 29 mn shares in Paytm via block deals on Thursday

Floor price set at Rs 555, 8% discount to last close

Paytm raises IPO size to Rs 18,300 cr; Ant to offload shares worth Rs 5K cr

The company is eyeing a valuation of $20-22 billion, sources said

Ant Financials is a great role model: Flexiloans.com co-founder M Lunia

Our endeavour has been to serve deserving MSMEs that have hitherto been either unserved or underserved, said Lunia

Alibaba's Jack Ma spotted playing golf, easing China detention fears

It's the first known Ma sighting since the former English teacher joined a live-streamed video chat with rural educators on January 20

China plans on curbing monopoly in online payments may hit Ant, Tencent

China proposed measures to curb market concentration in its online payment market, potentially dealing another blow to financial technology giant Ant Group Co. and its biggest rival Tencent Holdings

Alibaba's $10 bn buyback fails to halt stock dip as regulatory worry mounts

Alibaba shares slumped 9% to their lowest since June on Monday, as the firm's upsized $10 billion buyback programme failed to ease concerns about a regulatory crackdown

China's clampdown on big tech puts more billionaires like Jack Ma on notice

Wednesday's selloff sent Alibaba shares down 7%, while analysts estimated that Ant's $280 billion valuation could be cut in half due to stricter regulations. Both companies were co-founded by Jack Ma

Chinese banks biggest winners from new regulations that botched Ant IPO

Merchants Bank, known as the retail bank king in China, has soared 18% in Hong Kong this month, its biggest seven-day advance in more than five years

Jack Ma's Ant Group IPO attracts demand equal to Britain's economy

Analysts say buyers struggling to secure allocations as fundraising expands to almost $37 billion

Alibaba Group's 'most influential woman' to get $5 bn richer on Ant IPO

The co-founder of the e-commerce giant rarely speaks in public and is little known outside of China, but over the past two decades she's played a key role guiding Jack Ma's empire

Leading investors in Ant Shanghai IPO submit bids in 68-69 yuan per share

Under local market rules, the final price for the initial public offering, which was decided on Friday but has not been disclosed yet, is based on the guidance from the large investors

Ant Group lures Fidelity, T Rowe Price, UBS Asset for a piece of its IPO

Jack Ma's Chinese fintech giant is one of the most hotly anticipated IPOs in years, on course to make history by surpassing Saudi Aramco's record $29 billion share sale last year.

Jack Ma's Ant Group faces US headwinds in race to IPO before Trump vote

America is exploring restrictions on Chinese payment services

Jack Ma's Ant Group plans to lift IPO funding target to $35 billion

Ant's simultaneous listing in Hong Kong and Shanghai may mark the biggest IPO ever, topping Saudi Aramco's record $29 billion sale

Zomato to go public by H12021; raises Rs 760 cr from Tiger Global

The infusion from Tiger Global came a few days after Zomato raised Rs 456 crore from MacRitchie Investments, a subsidiary of Singapore-based Temasek Holdings

Goldman Sachs joins Ant Group's up to $30 bn IPO banking syndicate: Report

Ant, backed by Chinese e-commerce giant Alibaba Group, plans to list simultaneously in Hong Kong and Shanghai

Ant's mega IPO set to turn early investors, employees into billionaires

Ant Chairman Eric Jing's fortune will swell to $2.9 billion, and another 17 current and former Alibaba and Ant executives will join the ranks of billionaires

Jack Ma's Ant Financial plans dual IPO, targets $225 bn valuation: Report

The share sales could raise about $30 billion in total if markets are favorable, said one of the people