True

ant group

Ant International appoints US basketball star Sabrina Ionescu as global ambassador
ai alibaba group ant group kol sports By Staff Reporters

The four-time WNBA All-Star will boost Ant's global footprint and youth appeal beyond Asia.

'I'm dreaming of AI that reads our thoughts': Ant Group CMO
alipay ant group cmo interviews the cmos mo thecmosmo By Nikita Mishra

Ray Chen Liang, CMO of Ant Group, gets candid about the risk of being ‘cheap’ by calculating every marketing dollar, the game-changing value of AI for small businesses, and brands he admires from afar.

Ant Group's $6 billion buyback signals post-China crackdown rebound
alibaba ant group china tencent By Staff Reporters

China slapped over $1 billion in regulatory fines against financial companies, including Jack Ma's tech giant, Ant Group. However, investors bet China’s tech crackdown is over; Alibaba and Tencent shares rise.

With Jack Ma stepping back from Ant, is China’s war on tech giants over?
ant group By Zihao Liu

With Ant Group distancing itself from Ma and Alibaba, it should face fewer regulatory hurdles, however, China and Hong Kong’s listing requirements might delay the the much-awaited IPO till at least 2024.

Jack Ma gives up control of fintech giant Ant Group
alibaba ant group tech By Staff Reporters

As Alipay becomes one of the top e-payment channels in the Chinese mainland and seeks overseas expansion, Ma is stepping further away from the business empire he created decades ago.

Alibaba cuts marketing spend as it reports first flat revenue growth
alibaba ant group china digital earnings results By Rahul Sachitanand

Softness in Chinese commerce business offset by growth in cloud computing unit.

Alibaba posts slowest quarterly growth on record, will review marketing spend
alibaba ant group china digital earnings results By Rahul Sachitanand

Losses increased because of decline in value of investments in publicly-traded companies; backing for newer businesses such as Taocaicai and Taobao Deals; and the continued impact of Covid.

Steep profit decline, muted forecast clouds Alibaba Q3 earnings
alibaba ant group china digital earnings results By Rahul Sachitanand

Chinese technology giant reports heaviest profit decline in five years and slowest revenue growth since it listed in 2014.

Ant Group IPO uncertainty clouds Alibaba Q2 numbers
alibaba ant group china digital earnings results By Rahul Sachitanand

While pandemic spending boosted topline by 30% for the second quarter, operating profit took a 33% knock due to expenses related to Ant Group.