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World's Largest IPO Ant Group to Raise $34.4 Billion, What is behind it?

World's Largest IPO Ant Group to Raise $34.4 Billion, What is behind it?

Ant Group priced its dual listing on the Hong Kong Stock Exchange and Shanghai's Star Market at 80 Hong Kong dollars ($10.32) and 68.8 yuan ($10.26) per share respectively,

Can Jack Ma's ANT Group meet China's Regulators Requirements?

Can Jack Ma's ANT Group meet China's Regulators Requirements?

Following the suspension of its IPO, whether Ant Group will manage to restructure itself, to meet China's new tightened regulatory requirements still remains anyone’s guess.

Trump Administration May Consider Placing China’s Ant Group on Trade Blacklist

Trump Administration May Consider Placing China’s Ant Group on Trade Blacklist

The US State Department recently submitted a proposal to add Ant Group to a trade blacklist, inhibiting the fintech giant’s business operations within the US.

Alibaba’s Plan to Digitize the Services Industry to Rival Tencent Involves Blockchain

Alibaba’s Plan to Digitize the Services Industry to Rival Tencent Involves Blockchain

Alibaba subsidiary Ant Group CEO Simon Hu is accelerating Alipay’s progression into an online mall for commerce, food, travel services to rival Tencent Holdings Ltd.

Ant Blockchain Open Alliance Seeks to Minimize Costs for SMEs

Ant Blockchain Open Alliance Seeks to Minimize Costs for SMEs

Ant Blockchain Open Alliance, an enterprise blockchain platform by Chinese financial giant Ant Financial, is purported to aid SMEs in generating their own blockchain applications at minimal costs.

Ant Group's IPO Delay Bigger Concern for Asia Tech than US Election

Ant Group's IPO Delay Bigger Concern for Asia Tech than US Election

Could the suspension of Ant Group’s $34.5 billion IPO have a greater impact on Asia’s FinTech ecosystem than the United States election?

Alibaba Group and COFCO Group Signed a Memorandum of Cooperation through Blockchain Technology

Alibaba Group and COFCO Group Signed a Memorandum of Cooperation through Blockchain Technology

There are more and more blockchain applications. recently, Alibaba group and COFCO group signed a blockchain-based memorandum of cooperation.

Ant Financial Launches OpenChain for China's Small Businesses to Leverage its Enterprise Blockchain Consortium

Ant Financial Launches OpenChain for China's Small Businesses to Leverage its Enterprise Blockchain Consortium

Ant Financial, the parent company of AliPay, has launched OpenChain, a new blockchain platform that gives developers and small and micro enterprises (SMEs) the power to leverage the Chinese blockchain giant’s proprietary blockchain consortium and efficiently and cost effectively deploy smart contracts and create decentralized apps (DApps).

CME Group Bullish on Bitcoin Despite Pullback in Prices

CME Group Bullish on Bitcoin Despite Pullback in Prices

The Chicago Mercantile Exchange (CME) Group recently stated that customer interest in CME Bitcoin futures remained bullish in Q3 2019 despite the Bitcoin price pullback.

Ransomware Gang Evil Corp Group Strikes Again with New Ransomware WastedLocker

Ransomware Gang Evil Corp Group Strikes Again with New Ransomware WastedLocker

A ransomware gang called Evil Corp Group is back in action again, after having been in retirement for an undetermined period of time. The malware hacker group strikes again by developing a ransom software dubbed WastedLocker.

Cybersecurity Firm Kaspersky Warns of New Ransomware Devised by Notorious North Korean Ransomware Group

Cybersecurity Firm Kaspersky Warns of New Ransomware Devised by Notorious North Korean Ransomware Group

Multinational cybersecurity provider Kaspersky has announced that the notorious North Korean crypto criminal group, Lazarus, is planning on releasing a new ransomware.

Facebook Launches Fintech Product Group F2 to Run Payments Across All its Apps

Facebook Launches Fintech Product Group F2 to Run Payments Across All its Apps

Facebook has expanded its fintech horizons and announced the launch of a new product group dedicated to payments purposes.

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