Wed, Nov 30, 2022
Zomato stock is in news today as Chinese behemoth Alibaba is selling its shares worth USD 200 million in Zomato via a block deal. Ant Financial and Alipay will bring down their stake in the Deepinder Goyal-run food delivery unicorn to about 10 per cent from the current 13 per cent, reported IANS citing a media report
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Fri, Feb 22, 2019
It is first such move by Apple Ince, US' tech behemoth, in China as it looks to boost waning smartphone sales.
Wed, Jan 03, 2018
The US government has toughened its stance on the sale of companies to Chinese entities, at a time when Trump is trying to put pressure on China to help tackle North Korea`s nuclear ambitions and be more accommodative on trade and foreign exchange issues.
Fri, Mar 17, 2017
Paytm enters into Canada market by launching Paytm Canada App, which will allow users from the country to pay for their cell phone, cable, internet, electricity and water bills alongwith insurance and property taxes.
Thu, Feb 09, 2017
According to a source, Alibaba's payment affiliate Ant Financial Services Group is planning to raise funds of about $2 to $3 billion in debt to finance its acquisition of MoneyGram International Inc.
Fri, Jan 27, 2017
"The acquisition of MoneyGram is a significant milestone in our mission to bring inclusive financial services to users around the world," Eric Jing, chief executive officer of Ant Financial Services Group in a statement last night.
Wed, Jan 04, 2017
Alibaba and its financial branch paid a total of 23.8 billion yuan in taxes in 2016.
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