*Ant Group Archives - Page 2 of 2

Alipay Upgrades Jiebei Function as Credit Loans Now Served by Banks

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.

Tencent Responds to NFT Name Change, Resists Illegal Cryptocurrency Activities

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.

AntChain Releases First Self-developed Blockchain Security Chip, the T1

At today's Apsara Conference, AntChain, the blockchain technology arm of Ant Group, officially released the T1, its first self-developed chip.

Ant Group Releases Anti-fraud Report for Most of 2021

Ant Group released its anti-fraud report for the first three quarters of 2021 on Thursday. More than 14,700 volunteers carried out the anti-fraud campaign in thousands of communities and cities around the country.

Ant Group Ranks First in Global High-Correlation Authorized Blockchain Patents List

A report jointly released by IPRdaily and incoPat on Wednesday showed that the three companies with the largest number of authorized blockchain patents in the world were Ant Group, Tencent and International IBM.

Ant Group Releases Self-Developed Morse Privacy All-in-One Computing Machine

On September 25, the "Light of the Internet Expo" at the 2021 World Internet Conference opened. At the event, Ant Group officially released its Morse Privacy All-in-One Computing Machine developed by its Ant Chain team.

Ant Group Denies Rumors That Hangzhou Official Under Disciplinary Investigation Is Purchasing Shares

Ant Group on August 22 refuted online rumors that a senior Hangzhou government official currently under disciplinary investigation had bought shares in the company during its IPO.

Ant Group to Adjust its Management Team

Ant Group, a Chinese Internet financial unicorn, released the latest information on an adjustment of its management team on Thursday.

Alibaba’s Sales Surge Overshadowed by First Operating Loss As Public Firm After $2.8 Billion Antitrust Fine

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.

Ant Group Promises Anti-monopoly Reform following Chinese Government Crackdown

The Chinese government recently ordered a structural reform of Jack Ma’s Ant Group.

Huawei Obtains Vital Mobile Payment License Through Acquisition of Sharelink

Huawei gained a mobile payment license after purchasing full control of Sharelink Network Co., a licensed digital payment firm.

Alibaba Group Announces Revenue of $33.9 Billion in Latest Quarterly Results

China’s tech giant Alibaba Group (NYSE: BABA and HKEX: 9988) today announced its long-waiting financial results for the quarter ended Dec. 31, 2020.

Ant Group’s Micro-Lending Platforms Adjust Quota Management Functions

Huabei and Jiebei, two micro-loaning platforms of Ant Group, have launched a quota management function to advocate rational consumption.

Ant Group Executives Summoned for Talks with Regulators, Establishes Rectification Work Group

Ant Group executives were summoned on Dec. 26 for talks about anti-monopoly practices with regulators and top financial watchdogs.

Online Deposit Products from Fintech Giants Pulled, Regulation Continues to Tighten

JD Digits, Lufax, Baidu and many Chinese fintech giants have removed their interest-bearing online time deposit products after Alipay pulled its internet deposit product on Dec. 18.

Futu Holdings Limited 2020 Q3 Unaudited Financial Report: Gross Profit Soars by 314.1%

Futu Holdings Limited Thursday published its unaudited financial report for the third quarter ended Sept. 30, showing soaring gross profit and surging non-GAAP adjusted net income.

Ep. 74 (Extra Buzz Special): Ant Group: The Biggest IPO That Wasn’t

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%).

Ant Group Refunds $2.8T to Shanghai Investors after IPO Suspension

Ant Group on the evening of Nov. 5, Beijing local time, announced to officially start to refund the $2.8 trillion on Nov. 6 to Shanghai investors

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