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Ant Group

Zomato's net loss widens in Q4, gross order value at record high

Finance

23 May, 2022

Zomato's net loss widens in Q4, gross order value at record high

Ant Group-backed food aggregator Zomato Ltd reported a net loss of Rs 359.7 crore for the quarter-ended March versus a ......

Warburg cuts Ant valuation by 15% to below $200 bln - source

Finance

24 November, 2021

Warburg cuts Ant valuation by 15% to below $200 bln - source

U.S. private equity firm Warburg Pincus, a major global investor in Ant Group, has cut its valuation of the Chinese ......

Grapevine: Zomato to close pre-IPO round; Voda mulls part-exit from Indus Towers

General

22 January, 2021

Grapevine: Zomato to close pre-IPO round; Voda mulls part-exit from Indus Towers

Online food delivery platform Zomato is closing a fresh $500 million (about Rs 3,650 crore) investment at a valuation of ......

Flashback 2020: Global equity market activity tops $1 trillion for first time

Markets

31 December, 2020

Flashback 2020: Global equity market activity tops $1 trillion for first time

Emergency corporate fundraising and a clamour for tech stock market listings pushed equity capital market volumes to over $1 trillion ......

Chinese regulators probe Paytm backer Ant Group's equity investments

TMT

31 December, 2020

Chinese regulators probe Paytm backer Ant Group's equity investments

Chinese regulators are reviewing equity investments held by Ant Group Co Ltd in dozens of companies, three people with knowledge ......

China pushes Ant Group overhaul in latest crackdown on Jack Ma

TMT

28 December, 2020

China pushes Ant Group overhaul in latest crackdown on Jack Ma

China's central bank disclosed on Sunday it had asked the country's payments giant Ant Group Co Ltd to shake up ......

Ant Group considers Paytm stake sale amid India-China tensions

TMT

02 December, 2020

Ant Group considers Paytm stake sale amid India-China tensions

Chinese fintech giant Ant Group is considering selling its 30% stake in Indian digital payment processor Paytm amid tensions between ......

How billionaire Jack Ma fell to earth and took Ant's mega IPO with him

Markets

05 November, 2020

How billionaire Jack Ma fell to earth and took Ant's mega IPO with him

They say talk is cheap. Tell that to Jack Ma. Corporate China's shiniest star was just days away from seeing his ......

Big fees and bragging rights lost: Ant Group bankers hit by shock IPO suspension

Finance

05 November, 2020

Big fees and bragging rights lost: Ant Group bankers hit by shock IPO suspension

The eleventh-hour halt to Ant Group's record $37 billion listing has not only hurt the firm, but also lead bank ......

Ant Group's $37 bn IPO suspended in Shanghai and Hong Kong

TMT

03 November, 2020

Ant Group's $37 bn IPO suspended in Shanghai and Hong Kong

Ant Group's $37 billion stock market listing has been suspended in both Shanghai and Hong Kong in a dramatic move ......