The consumer-finance arm of China’s Ant Group is boosting its financial firepower with a $3.5 billion capital increase, with the biggest chunk of outside funding coming from a powerful state-owned institution
The consumer-finance arm of China’s Ant Group Co. is boosting its financial firepower with a $3.5 billion capital increase, with the biggest chunk of outside funding coming from a powerful state-owned institution.
, Chongqing Ant Consumer Finance Co., to 30 billion yuan, the equivalent of $4.7 billion. That will allow the unit to maintain a bigger balance sheet, meaning it can advance more credit to customers, and marks a step forward in a key part of Ant’s revamp.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
How A Nice Kentucky Boy Became Rap’s Brightest Rising StarIn just 12 months, Jack Harlow went from industry baby to 2 billion streams, 3 Grammy nominations and $5 million in earnings.
Leer más »
Apple employees plan walkout on Christmas Eve, urge customer boycottApple employees plan to walk off their jobs on Christmas Eve, urge customers to not buy anything amid last-minute shopping rush
Leer más »
Timeline of Elon Musk, Elizabeth Warren feud over tax policyElon Musk and Elizabeth Warren have traded criticisms over taxing the ultra-wealthy. Here are some of the most heated exchanges between the billionaire and the senator.
Leer más »
InsiderInsider’s end-of-year sale is happening right now. 🚨 Subscribe to one year of Insider for 15% off and get access to Insider’s premium stories. Take advantage while you can!
Leer más »
New York Times ordered to destroy legal memos, reporting on Project VeritasInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Leer más »
Russia gas imports from Turkmenistan double this yearRussia in 2021 stands to import 10 billion cubic metres of natural gas from Turkmenistan.
Leer más »