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Ant Financial News

27 Oct 2021

Paytm IPO: Offer size increased to $2.44 billion - Report

Paytm was likely to target a price band of 2,080-2,150 rupees per share. Paytm’s offering will open on November 8. Chinese investor Ant currently holds 183.3 million shares.

21 Jan 2020

Uber sells Indian food delivery arm to rival firm Zomato

The all-stock deal is likely to push Zomato to the top position in India`s food delivery market, ahead of Swiggy, which counts China`s Tencent Holdings as an investor.

Alibaba Holdings Group

18 Apr 2016

Alibaba financial affiliate valued at $60 billion: Reports

China`s top internet finance company, e-commerce giant Alibaba`s affiliate Ant Financial, could start the process of going public this year, reports said Monday, with the firm`s latest fundraising valuing it at $60 billion.

Alibaba Holding Group

23 Jun 2015

Alibaba and Ant Financial to invest $1 bn in mobile platform

China's e-commerce giant Alibaba and a financial affiliate part-owned by its chairman Jack Ma will pour nearly USD 1 billion into a local services mobile platform to compete with rival Tencent.

02 Apr 2015

Alibaba finance arm, Xiaomi partner in wearable payments

It will let users smooth the process of making payments, bypassing the need for passwords.

05 Feb 2015

Alibaba to invest in Paytm; enters Indian mCommerce space

Alibaba is the world's biggest e-commerce firm, which raised USD 25 billion through IPO in the US last September -- the largest by any firm globally.

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