Showing 12 of 38 posts with this tag
Recently, some Chinese netizens have found that "Jiebei" within the Alipay app is now "Credit Loan," showing that the services are now explicitly provided by banks.
Alibaba Group announced on July 26 that its board of directors has authorized the company’s management to apply for a primary listing on the Main Board of the Hong Kong Stock Exchange (HKEx).
On Tuesday, "Jingtan", a digital collectible platform owned by Ant Group, announced that 56 users who had made illegal transactions outside the platform were restricted from using specific functions.
The legal representative and chairman of Alipay (China) Network Technology Co., Ltd. has changed from Eric Jing, Ant Group’s chairman and CEO, to Ni Xingjun, Ant Group's CTO.
Data from the Hong Kong Stock Exchange (HKEx) showed on Tuesday that Ant Group has reduced its stake in ZhongAn Insurance by 46,537,063 shares, dropping its shareholding ratio from 13.54% to 10.37%.
Ant Group has announced the appointment of Jia Hang as its General Manager for Southeast Asia. The Group said this newly-established position will help strengthen its talent and capacity building in the region.
Ant Group, a Chinese Internet financial unicorn, released the latest information on an adjustment of its management team on Thursday.
Chinese technology giants Alibaba and Tencent have both renamed their non-fungible token (NFT) offerings as “digital collectibles”, as Beijing strengthened its supervision of Internet businesses' NFT platforms.
If you need a refresher when it comes to Ant, may I suggest our Tech Buzz Ep. 74 on the company, which I dare say provides pretty good context into the history of the company, and why it has created the product lines that it has: CreditTech (39%), Payments (36%), InvestmentTech (16%) and InsureTech (8%).
According to a report released by IDC on July 5, China's blockchain-as-a-service (BaaS) market reached $188 million in 2021, improving further from a strong 2020, with a growth rate of 92.6%.
Chinese tech and e-commerce giant Alibaba Group Holding fell into loss-making territory for the first time since going public in 2014 after being slapped a massive anti-monopoly fine by regulators.
Sesame Enterprise Credit, a subsidiary of Ant Group, launched the first credit platform for small and medium-sized enterprises in China on Thursday.