They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency's global ...

Global digital technology provider Ant Group has introduced its AI application, AQ, for accelerating its entry into the ...

JD.com and Ant Group are urging the PBOC to greenlight a yuan stablecoin to challenge the dominance of the US dollar in ...

The Report lays out how Ant Group harnessed new technology tools, expanded partnerships in 2024 to strengthen its 4 ...

JD.com and Ant Group lobby China’s central bank to approve offshore yuan stablecoins, boosting yuan’s role in global payments ...

Ant Group disclosed on Monday that it invested a record 23.45 billion yuan ($3.26 billion) in research and development during ...

SHANGHAI (Reuters) -Chinese financial technology firm Ant Group said on Monday that it has increased investment in research ...

Jack Ma’s Ant Group quickly became one of China’s most powerful companies, and its plans for bridging the worlds of tech and finance were growing ever more ambitious by the day.

Ant Group has announced a share buyback that values it at $78.5 billion, which is about $230 billion or 75% less than the valuation it fetched nearly three years ago, before its IPO was yanked by ...

Ant Group owns Alipay, the world's biggest digital payment platform. As per the company, Alipay has more than 1 billion users which easily dwarfs PayPal's ( PYPL ) 286 million users.

Meet the new king of I.P.O.s . The Chinese financial tech titan Ant Group is set to break the record for an initial public offering with a $34 billion haul.Here’s why it’s raising so much ...

Jack Ma’s Ant Group quickly became one of China’s most powerful companies, and its plans for bridging the worlds of tech and finance were growing ever more ambitious by the day.