Chinese Group Alipay Said to Have Sold 3.4 Percent Stake in Zomato
Chinese payments group Alipay plans to sell its 3.4 percent stake in Indian food delivery giant Zomato for nearly $400… Read More
ant group
Jack Ma to Handover Ant Group’s Control as Part of Company’s Restructure
Chinese billionaire Jack Ma will cede control of fintech giant Ant Group as part of a restructure, the company announced… Read More
Tencent Posts Slowest-Ever Sale Rise in Q4, Regulation Impact Set to Ease
Revenue at Chinese social media and gaming giant Tencent grew just 8% in the fourth quarter, the slowest pace since… Read More
Paytm Signs Up Over 100 Institutional Investors for IPO
Ant Group-backed fintech firm Paytm said it has allocated shares worth Rs. 8235 crore to more than 100 institutional investors,… Read More
Alipay Said to Be the Target of Fresh Tech Crackdown in China
Chinese regulators have ordered sweeping changes to the country's biggest payment app Alipay, as the ruling Communist Party attempts to… Read More
Paytm Said to Eye IPO by End of October: All We Know So Far
Digital payments firm Paytm expects to launch its initial public offering (IPO) at around the end of October, pending regulatory… Read More
Zomato IPO: Investors Lap Up Stock Offering With Bids of $46 Billion
A stock offering by food delivery startup Zomato drew bids worth $46.3 billion (roughly Rs. 3.46 lakh crores) as it… Read More