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Alibaba (NYSE:BABA), TENCENT HOLDINGS ADR (TCEHY) - Alibaba To Open Up Deals App On Tencent s WeChat Messaging Platform For Antitrust Immunity: Bloomberg

Alibaba (NYSE:BABA), TENCENT HOLDINGS ADR (TCEHY) - Alibaba To Open Up Deals App On Tencent s WeChat Messaging Platform For Antitrust Immunity: Bloomberg
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Ant Group Investors In Indefinite Limbo After Chinese Government Turns On Company

Ant Group Investors In Indefinite Limbo After Chinese Government Turns On Company 02/09/21 AT 3:41 PM The Ant Group was supposed to be a safe bet for investors, but after Jack Ma angered the Chinese government they find themselves locked into an investment that won’t pay off any time soon. Without any legal way to pull out of the 2018 contract, they’re forced to sit on the investment and hope it pans out, the Wall Street Journal reported Tuesday. The Ant Group specialized in financial tech, and with control of the popular Alipay went into 2018 fundraising negotiations as one of the hottest commodities on the market. That status raised $14 billion in investments under terms that heavily favored the company.

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