π’
π’ Company
Ant Group
Chinese financial services company
π Rating
1 news mentions Β· π 0 likes Β· π 0 dislikes
π Topics
- Regulatory Approval (1)
- Market Reaction (1)
- Corporate Acquisition (1)
π·οΈ Keywords
Ant Group (1) Β· Bright Smart (1) Β· takeover (1) Β· regulatory approval (1) Β· shares surge (1) Β· financial services (1) Β· technology (1)
π Key Information
Ant Group (Chinese: θθιε’; pinyin: MΗyΗ jΓtuΓ‘n), formerly known as Ant Financial, is an affiliate company of the Chinese conglomerate Alibaba Group. Ant Group was initially the financial transaction arm of Alibaba, Alipay, when it was set up in 2004. Alibaba's e-commerce sites faced the problem of not having a payment system to process payments for their online sites.
π° Related News (1)
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πΊπΈ Ant Group unit clears regulatory step for Bright Smart takeover, sending shares up 70%
Shares of Bright Smart Securities surged 58% after an Ant Group unit completed the required steps to acquire Hong Kong listed brokerage Bright Smart S...