You are here: Home » International » News » Companies
Coronavirus returns to haunt China's Wuhan, begins testing of 11 mn people
At least 40 civilians killed in Lashkar Gah amid intense fighting, says UN
Business Standard

Ant Group's profit falls 37% to $2.1 billion after regulatory setbacks

Billionaire Jack Ma's fintech giant contributed nearly 4.5 billion yuan ($696 million) to Alibaba Group Holding Ltd.'s earnings, a company filing showed Tuesday

Topics
Ant Group | Jack Ma | corporate earnings

Lulu Yilun Chen | Bloomberg 



Ant Group (Photo: Bloomberg)
Ant Group (Photo: Bloomberg)

Co.’s profit fell to $2.1 billion in the March quarter after Chinese regulators thwarted its record initial public offering and told it to overhaul its sprawling operation.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Wed, August 04 2021. 00:46 IST

RECOMMENDED FOR YOU

.