Breaking: Simon Hu Steps Down as CEO of Ant Group
Ant Group CEO Simon (Xiaoming) Hu on Friday evening announced that he would be stepping down from his role at the firm, after an internal email was obtained by domestic media outlet 36Kr.
Tag: #ant group
Showing 12 of 40 posts with this tag
Alipay's New Delegated Investment Product Halted for Non-Compliance
A new delegated investment product, "Jinxuan Investment," launched by Alipay and other six institutions on January 4 this year, has been suspended.
1/14/20221 min read
Ant Group Develops Its Own Humanoid Intelligent Robots
Recently, recruitment platform information shows that Ant Group is recruiting for positions related to embodied intelligent humanoid robot systems and applications.
Ant Group Receives Final Regulatory Approval for Gigantic IPO, Updates Prospectus
Ant Group on Oct. 21 received approval from the China Securities Regulatory Commission (CSRC) for its Shanghai IPO.
10/22/20202 min read
Tencent's WeChat Pay Required to Be Included in a Newly Created Financial Holding Company
Chinese authorities are considering requiring Tencent to include its WeChat Pay system in a newly created financial holding company.
3/18/20222 min read
WeChat and Ant Group Bets on AI App Store, Giants Compete for 'Apple Tax'
WeChat and Ant Group are both developing AI application platforms.
Why Did Alibaba’s Ant Group Lower Credit Limits for Young Users?
China’s financial technology giant Alibaba’s Ant Financial Service Group Co. cut credit limits for some young users on its digital consumer lending platform Huabei in recent days.
12/24/20203 min read
Chinese Fintech Giant Ant Group Appoints New CPO
According to the official website of Chinese financial technology giant Ant Group, Sam Zeng, the former Chief People Officer, left his post and has been replaced by Wu Minzhi, previously the firm's deputy CPO.
Ant Group is Set to Raise $34B in World’s Biggest IPO
Ant Group is set to raise about $34 billion as shares are planning to trade in both Hong Kong and Shanghai next month, marking the most massive IPO in the world.
China’s Fintech Giant Ant Group Responds to IPO Postponement Rumor, Saying Listing Process is Proceeding in Orderly Manner
China’s fintech giant Ant Group on Tuesday responded to the recent news about its IPO postponement due to securities regulator’s investigation, saying the listing process is proceeding in an orderly manner.
10/14/20202 min read
Ant Group Buys Land in Shanghai, Eyes Restart of IPO
Alibaba's financial services arm Ant Group has won the rights to a plot of land in Shanghai's Huangpu District. Analysts have suggested that the move may indicate Alibaba is accelerating its split with Ant Group, so as to promote the latter's restart of an IPO bid.
9/16/20224 min read
Ant Group Invested More Than 18.8B Yuan in R&D Last Year
Ant Group, a financial company owned by Chinese tech giant Alibaba, released its "2021 Sustainable Development Report" on Wednesday, officially launching a four-in-one ESG sustainable development strategy.
6/1/20223 min read