Billionaire Jack Ma’s Ant Group Co. delivered about 14.5 billion yuan ($2.3 billion) in profit in the quarter right before Chinese regulators brought down the hammer on the financial technology … ( read original story…
Tagged By blockchain
Jack Ma’s Ant Posted $2.3 Billion Profit Before Halt of IPO
Billionaire Jack Ma’s Ant Group Co. delivered about 14.5 billion yuan ($2.3 billion) in profit in the quarter right before Chinese regulators brought down the hammer on the financial technology … ( read original story…
Alibaba Q3 2020: Revenue tops $33 billion as retail climbs, cloud business moves to profit
Alibaba Group reported Q3 2020 results (.PDF), ending December 31, 2020, of $33.8 billion, up 37% year-over-year, with diluted earnings per share (EPS) (AD … ( read original story …)
Alibaba Q3 earnings: Company’s sales surge, even as crackdown in China intensifiesintensifies
Alibaba reported a big quarter for its e-commerce business. But China’s most famous tech firm is still poised to face nervous investors on Tuesday as a regulatory crackdown by Beijing and co-founder … ( read…
Euro economy burdened by pandemic, seen lagging US and China
The European economy shrank 0.7% in the last three months of 2020 as businesses were hit by a new round of lockdowns aimed at containing a resurgence of the … ( read original story …)
Blockchain 50
Bitcoin’s 2020 surge grabbed the attention of C-suite executives worldwide; not only are companies employing the technology underlying Bitcoin to perform tasks such as reconciling invoices and … ( read original story …)
Forbes Blockchain 50 – Inside The Class Of 2021
Technological adoption is never a linear progression, but in producing the Forbes Blockchain 50 for the third consecutive year we are starting to identify some interesting trends and tell-tale signs … ( read original story…
Daqo New Energy Updates On Xinjiang Daqo’s Potential IPO In China
Daqo New Energy Corp. (DQ), in an update on the status of the proposed initial public offering and listing of the shares of its … ( read original story …)
China mobile payment gains fuelled by pandemic
Mobile payment transaction numbers in China grew in 2020 as people looked to reduce contact to limit the spread of Covid-19 (coronavirus), research by China UnionPay found. The annual survey on mobile … ( read…
Kestra Advisory Services LLC Buys 4,698 Shares of China Mobile Limited (NYSE:CHL)
Kestra Advisory Services LLC lifted its stake in shares of China Mobile Limited (NYSE:CHL) by 30.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange … (…
China Mobile International Opens Frankfurt Data Centre
A new China Mobile International Limited (CMI) data centre is now open in Germany. The purpose-built Tier III facility is located in Frankfurt, the financial … ( read original story …)
Alibaba prepares to face investors as crackdown in China intensifies
Alibaba is coming off what was likely a big quarter for its e-commerce business. But China’s most famous tech firm is still poised to face nervous investors on Tuesday as a regulatory crackdown by ……
‘We’re in a state of flux’: Kerr Neilson studies crypto
In all things Reddit versus Wall Street, and cryptocurrencies, Kerr Neilson is keeping an open mind. “You can’t simply stand by and declare ‘this is a bubble, it’s completely out of hand’.” … ( read…
