Governor Yi Gang says nation won’t relent in crackdown that’s already snared Alibaba unit Ant Financial
Regulators want Ant's two lenders to operate via a different app, and loan applications to be assessed first by a new firm run by Ant and state entities that will decide on users' credit ratings
Beijing’s administrators have long felt frustrated by capitalist excesses as the communist state sought to tread a delicate path between prosperity and fairness – but this year their patience snapped and the lawmakers made their move
Ant and state firms in Zhejiang province plan to set up a credit-scoring firm to handle the group's data on over 1 billion consumers. The new venture could help revive Ant's suspended IPO
Ho Chi Minh City-based Loship has attracted 2 million customers in Vietnam's fast-growing market and is fresh off a $12 million funding round
Ant Group, Tencent, ByteDance, Meituan, Baidu among firms met by regulators ‘Importance of safeguarding national security’ stressed at meetings ...
Company suspends new users as it ‘aligns with relevant laws’ on data; Move follows crackdown on Didi over alleged data misuse
• Indian fintech set for $2.2bn IPO in three months time • It will compete with Reliance, WhatsApp on digital...
Paytm has revealed an ambitious IPO plan to raise $3 billion – the largest in India – to help it fend off competition from the likes of Google, Amazon, Wall Mart and Facebook