Chinese Group Alipay Said to Have Sold 3.4 Percent Stake in Zomato

Chinese payments group Alipay plans to sell its 3.4 percent stake in Indian food delivery giant…

SoftBank, Ant Group Likely to Sell Paytm Stakes via Block Deal: Report

China’s Ant and Japan’s SoftBank are likely to offload their stakes in Indian digital payments firm…

Jack Ma to Handover Ant Group’s Control as Part of Company’s Restructure

Chinese billionaire Jack Ma will cede control of fintech giant Ant Group as part of a…

Alibaba Beats Revenue Estimates Amid COVID-19 Lockdown in China

Alibaba on Thursday beat expectations for fourth-quarter revenue, as growing demand for some of its niche…

Tencent Posts Slowest-Ever Sale Rise in Q4, Regulation Impact Set to Ease

Revenue at Chinese social media and gaming giant Tencent grew just 8% in the fourth quarter,…