#AntGroup
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Alibaba is prepared to let go of some of the six businesses it’s spinning off Alibaba is prepared to let go of some of the business units created in the break up of its empire.Read more... https://qz.com/alibaba-business-units-spin-off-future-jack-ma-1850282073
#business2cfinance#onlinemarketplaces#tomnunlist#google#tobyxu#danielzhang#jackma#alphabet#tencent#martinchorzempa#antgroup#companies#alibabagroup#economyofchina#Ananya Bhattacharya#Quartz
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Ant Group and SoftBank to Offload Shares in Paytm Through a Block Deal to Exit from Digital Payments Company
Through a block deal, Ant Group (backed by Jack Ma, a billionaire) and Japan’s SoftBank Group Corp have talked about selling stakes in Paytm brand’s One97 Communications, a digital financial service company. Investment banks and shareholders representing SoftBank and Ant Group have previously approached Sunil Mittal, chairman and founder of Bharti Airtel with a proposal to buy stakes in their firm. But the discussion did not meet any end conclusion for the deal.
SoftBank Group Corp and Ant Group are planning to exit the arena of the digital payment company by gradually offloading shares in the market. Ant Group is the largest shareholder in the fintech company in question, where last year December, it held 24.86% of One97 Communications shares, which increase more than 25% when the repurchase decreased the outstanding number of shares. Elevation Capital and SoftBank on the other hand, hold around 15% and 13% of Paytm shares, respectively.
On 13 February, Ant Group had a window period of 90 days to cut their stake on completing the buyback. In December, One 97 announced around Rs. 850 crores worth of buyback. And in this month, Alibaba Group, a giant Chinese e-commerce station, sold its 3.3% shares of direct stake for Rs. 1,378 crores in One97 Communications in an open market transaction. Since its dismal listing at the end of 2021 (November), Paytm has been under the pressure to generate profits. Their stock was reduced by 70% in the listing, and the previous year, they declined by 60%.
However, signs of profits emerged as Paytm shares took a surge by 40% from the unfortunate low in November. After narrowing their third-quarter loss, their initiative to expand the customer base enhanced the revenue, as per what the company said in February during the exchange. Paytm also said that in the next 12 to 18 months, they will become free cash flow positive, as per their comments last year.
The digital payment company has earlier never traded its IPO beyond the price of Rs. 2,150 from the time of the November 2021 listing. It went through a steep plunge in the first-year share this time in midst of large IPOs as compared to the last decade. Paytm is otherwise backed by Ant Group of China and SoftBank. The company is attracting more customers with its diverse product offering. Paytm is also in pursuit to win investors by showing their earnings potential.
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#Paytm#Softbank#AntGroup#blockdeal#digitalpayments#fintech#investments#JackMa#SunilMittal#Alibaba#IPO#stockmarket#technology#startups#economy#India#bloomberg
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Jack Ma is giving up controlling rights of Ant Group Co., as the billionaire further retreats from his online empire following China’s unprecedented tech crackdown. The company is offering 10 individuals, including the founder, management and staff, voting rights independently, effectively removing Ma’s control of Ant, according to an announcement on Saturday. The adjustment will not change economic interests of any shareholders. Ma has mostly disappeared from public view since giving a speech that criticized Chinese regulators on the eve of the scuttled Ant listing in 2020. Many of his peers have relinquished their formal corporate roles and increased donations to charity to align with President Xi Jinping’s vision of achieving “common prosperity.” #Stoccoin #JackMa #AntGroup https://www.instagram.com/p/CnHpFUcNnaj/?igshid=NGJjMDIxMWI=
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Thách thức cùng với chi phí nghệ thuật số của Trung Quốc Trên một buổi họp vào thời điểm đầu tháng 8, Ngân sản phẩm Trung ương Trung Quốc (PBoC) tuyên cha tiếp tục không ngừng mở rộng không chỉ có thế việc test nghiệm đồng quần chúng tệ nghệ thuật số (e-CNY). Hiện trên, đồng xu này đang rất được test nghiệm trên 23 TP. Hồ Chí Minh và phòng nằm trong 15 tỉnh, TP. Hồ Chí Minh trực nằm trong TW. Ông Mạc Trường Xuân, Viện trưởng Viện Nghiên cứu vãn Tiền Chuyên môn số của PBoC, cho biết thêm thông tin mục đích sử dụng chủ yếu của công tác test nghiệm là kiến tạo niềm tin vào uy tín và dễ dàng dùng của đồng e-CNY. Ông Mạc cũng nhấn mạnh vấn đề, đấy là một loại chi phí hợp lí tại PBoC tạo ra và được chính phủ nước nhà tư vấn, tiềm năng đưa ra là làm công việc mang lại đồng e-CNY chóng vánh đạt được trải qua tương tự động như vớ cả những khí cụ giao dịch không giống bên trên thị ngôi trường. Trung Quốc đang được không ngừng mở rộng dùng đồng e-CNY PBoC đang được xúc tiến tiếp thị đồng e-CNY. Ngay kể từ mon 10.2020, Thâm Quyến, một trong những những TP. Hồ Chí Minh thử nghiệm đi đầu, vẫn phân phạt 10 triệu e-CNY mang lại công bọn chúng nhằm rất có thể đầu tư trên cụm mái ấm sản phẩm và cửa ngõ hiệu. Nhiều TP. Hồ Chí Minh thử nghiệm không giống cũng được áp dụng theo mô phỏng này và chiếm được lợi nhuận khổng lồ. Tới mon 5.2022, Thâm Quyến lại phân phối thêm 30 triệu e-CNY cho tất cả những người dân địa phương vào một công tác khuyến mại cộng đồng cùng với nền... 63b6ed392c46f【#ximmacao】
#ALIPAY#AntGroup#BRI#CôngtyHuaweiTechnologies#Đồngnhândântệ#dòngtiền#eCNY#Kỹthuậtsố#PBOC#thẩmquyền#tiềnkỹthuậtsốTrungQuốc#WeChatPay
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#Breaking: #JackMa-backed #AntGroup receives an approval from the# Chinese government to roll out products
Ant Group Co., the fintech affiliate of Alibaba Group Holding Ltd., received approval from the Chinese government to roll out products powered by its large language model Bailing to the public. Bailing will be applied to Ant’s various services and help with innovation, Xu Peng, vice president of Ant Group said in a statement on Monday. Chinese tech firms from Alibaba to Tencent Holdings…
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According to a trade record released on Friday, China's Ant Group's shopper finance unit would increase the organization's funding to CNY 30 billion from CNY
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Ant Group Announces Overhaul as China Tightens Its Grip China’s fast-moving project to suppress ......Read the rest by clicking the link below! https://worldwidetweets.com/ant-group-announces-overhaul-as-china-tightens-its-grip/?feed_id=47759&_unique_id=6075d8b6e99f3
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Jack Ma made a rare appearance in China Jack Ma’s whereabouts are hitting the headlines again.Read more... https://qz.com/jack-ma-made-a-rare-appearance-in-china-1850267932
#jackma#ma#china#fanbingbing#southchinamorningpost#wuxiaohui#renzhiqiang#alibaba#anbanginsurancegroup#countries#menghongwei#xiaojianhua#antgroup#guo#fraserhowie#formsofgovernment#warrenbuffett#baofan#bingbing#alibabagroup#economyofchina#Ananya Bhattacharya#Quartz
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Ant Group Announces Overhaul as China Tightens Its Grip China’s fast-moving project to suppress ......Read the rest by clicking the link below! https://worldwidetweets.com/ant-group-announces-overhaul-as-china-tightens-its-grip/?feed_id=47758&_unique_id=6075d8b69c0c6
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Ant Group के 2020 की परफॉर्मेंस के आधार पर, दुनिया भर में Ant Group के कुछ निवेशकों ने Ant Group की वैल्यूएशन $200 बिलियन से भी अधिक बताया है। Based on Ant Group's 2020 performance, some Ant Group investors worldwide have reported Ant Group valuations to be more than $200 billion. #antgroup #antgroupipo #alibabagroupkz #alibaba #alibabachina #alibabaindia #jackma #jackmanews #alibabagroup #antgroupipo #ecommerce #ecommerceindustry #onlineseller #shopifyseller #shopifydropshipping #onlineretailer #ecommercestartup #cloudcomp #cloudcomputing #india #startupnews #startupfundingnews #startupbiz #startupfashion #startuplife #mayovi (at India) https://www.instagram.com/p/CMfLqWaHA-q/?igshid=15i6pvczw7gi3
#antgroup#antgroupipo#alibabagroupkz#alibaba#alibabachina#alibabaindia#jackma#jackmanews#alibabagroup#ecommerce#ecommerceindustry#onlineseller#shopifyseller#shopifydropshipping#onlineretailer#ecommercestartup#cloudcomp#cloudcomputing#india#startupnews#startupfundingnews#startupbiz#startupfashion#startuplife#mayovi
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Interesting roadmap of Ant Group on Carbon Neutrality > https://t.co/EQjHGHNdYe Source: @AntGroup @antgrasso via @dbi_srl #EarthDay #ClimateAction https://t.co/vEMmIGFvmA
— dbi.srl (@dbi_srl) April 22, 2021
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Alibaba lần đầu báo cáo doanh thu tăng chậm kể từ năm 2014
Bài viết mới nhất: Alibaba lần đầu báo cáo doanh thu tăng chậm kể từ năm 2014
(thitruongtaichinhtiente.vn) – ‘Gã khổng lồ’ thương nghiệp điện tử Alibaba của Trung Quốc cho rằng doanh thu sụt giảm do bị tác động bởi dịch Covid và sự khó khăn ngày càng gia tăng trên thị trường. Alibaba cho biết tổng doanh thu chỉ tăng 10% lên 38 tỷ USD trong ba tháng cuối năm …
#Blog #Alibaba, #AntGroup, #CôngNghệ, #ĐầuTưTàiChính, #DoanhThu, #ThươngMạiĐiệnTử, #TrungQuốc DauTuTuDau: https://daututudau.vn/alibaba-lan-dau-bao-cao-doanh-thu-tang-cham-ke-tu-nam-2014/
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Ant Group แต่งตั้งผู้จัดการประจำภูมิภาคเอเชียตะวันออกเฉียงใต้คนใหม่
แอนท์กรุ๊ป (Ant Group) ประกาศแต่งตั้ง มร. เจีย ฮาง ให้ดำรงตำแหน่งผู้จัดการทั่วไปประจำภูมิภาคเอเชียตะวันออกเฉียงใต้ โดยมีจุดมุ่งหมายเพื่อขยายการดำเนินงานของแอนท์กรุ๊ป เสริมสร้างศักยภาพและขีดความสามารถให้แก่บุคลากรในภูมิภาคนี้ พร้อมทั้งตอกย้ำความมุ่ง��ั่นของบริษัทฯ ในการให้บริการแก่ลูกค้า source https://digitalmore.co/jia-hang-antgroup/
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#xi #and #alipay #antgroup @cctv @cgtnofficial .@jackma .@alipay @business @beckyquick @jchatterleycnn https://www.bloomberg.com/news/articles/2021-06-24/how-xi-and-the-ccp-t urned-on-jack-ma-ant-and-china-s-fintech-companies? #xi should not see forbidding as co ntrol but the extreme need and (!)trust in alipay as an extension of control possible
#xi #and #alipay #antgroup @cctv @cgtnofficial .@jackma .@alipay @business @beckyquick @jchatterleycnn https://www.bloomberg.com/news/articles/2021-06-24/how-xi-and-the-ccp-t urned-on-jack-ma-ant-and-china-s-fintech-companies? #xi should not see forbidding as co ntrol but the extreme need and (!)trust in alipay as an extension of control possible
#xi #and #alipay #antgroup @cctv @cgtnofficial .@jackma .@alipay @business @beckyquick @jchatterleycnn https://www.bloomberg.com/news/articles/2021-06-24/how-xi-and-the-ccp-turned-on-jack-ma-ant-and-china-s-fintech-companies? #xi should not see forbidding as control but the extreme need and (!)trust in alipay as an extension of control possible crypto is the same manifestation the people try…
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Basada en #blockchain ⛓️, esta red quiere acelerar la transformación #digital 💻 y facilitar la financiación de las operaciones de comercio internacional. Te contamos todo sobre el acuerdo entre BBVA y @antgroup en el enlace. 👇 https://t.co/E7Ks6vnQSh (en España) https://www.instagram.com/p/CO8EibalwcY/?igshid=1x8wl3ljjev37
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