Alibaba Group Holding's shares listed in the United States decreased by 8% on Thursday, after the Ant Group confirmed it will not revive its initial public offering (IPO).
"Under the guidance of regulators, we are focused on steadily moving forward with our rectification work and do not have any plan to...
Ant Group Co. is going to shut down its "mutual aid" crowdfunded medical coverage venture, the company said in a statement on Tuesday.
The service, known as Xianghubao, will end on January 28, 2022, the company added, attributing the move to "significant changes" in the "mutual aid...
Alibaba’s affiliate company Ant Group, formerly known as Alipay, reportedly started the process of the concurrent initial public offering on the Hong Kong Stock Exchange and Shanghai’s Nasdaq-style STAR market.
The financial services and payments giant said on Monday that the listings will help...
A proposed $1.2 billion deal between MoneyGram International Inc. and Ant Financial Services Group, the mobile transfers affiliate of China’s Alibaba Group Holding Inc., has been terminated. The companies failed to obtain approval from the Committee on Foreign Investment in the United States...
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