For now, US dollar-denominated stablecoins account for more than 99 per cent of the global market, reflecting its role as the ...

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

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 ...

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

Previously, Ant Group’s private credit-scoring system would assess a user’s creditworthiness. Those deemed trustworthy enough could use Ant’s credit and loans services including Huabei, which was ...

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’s growth is tied closely to economic changes in China, a nation of 1.5 billion consumers. China’s economy is increasingly being driven by domestic consumption as the workforce ...

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.

Ant Group is actually the financial services arm of Alibaba. Ant expects to be valued at $380 billion market when it debuts its 1.67 billion public shares, which would make it one of the largest ...

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.