*Ant Group Archives - Page 8 of 8

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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