You are here: Home » International » News » Companies
Ford partners with GlobalFoundries to increase chip supplies
Consumers caught in middle as Amazon, Visa clash over transaction fees
Business Standard

Ant group's profit grows by 39% in June quarter as investments gain

The company contributed $1.4 bn to Alibaba Group Holding's earnings

Topics
Ant Group | Alibaba

Reuters 



Jack Ma, Alibaba group
Jack Ma (Photo: Bloomberg)

Ant Group's profit rose an estimated 39 per cent in the June quarter, attributed to a gain in investments as billionaire Jack Ma's fintech giant grapples with the impact of China's rapidly shifting rules for private enterprise.

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: Fri, November 19 2021. 00:46 IST

RECOMMENDED FOR YOU

.