Lulu Yilun Chen
Team Leader at Bloomberg News
Bloomberg Asia Investing & Real Estate team leader @columbiajourn alum; HKBU lecturer; Author of Influence Empire https://t.co/xsslOAHuhb; [email protected]
Articles
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1 week ago |
bloomberg.com | Bei Hu |Lulu Yilun Chen
(Bloomberg) -- Citadel Securities’ Managing Director of Asia-Pacific Business Development Jonathan Finney has left Ken Griffin’s market-making firm, people with knowledge of the matter said. Finney, who was also Asia-Pacific chief operating officer of its options business, exited earlier this month, said the people, who asked not to be identified discussing private information. A Citadel representative declined to comment. Finney didn’t immediately reply to a LinkedIn message seeking comment.
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2 weeks ago |
news.bloomberglaw.com | Lulu Yilun Chen
Jack Ma-backed Ant Group Co.’s international division generated nearly $3 billion in revenue for 2024, according to people familiar with the matter, setting the stage for a spinoff after theunit set up its own board last year. Ant International, which is headquartered in Singapore, has also produced two consecutive years of adjusted profit, the people said, requesting not to be named because the information isn’t public.
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2 weeks ago |
bloomberg.com | Lulu Yilun Chen
The Ant Group Co. mascot at the company's headquarters in Hangzhou, China. Photographer: Qilai Shen/Bloomberg(Bloomberg) -- Jack Ma-backed Ant Group Co.’s international division generated nearly $3 billion in revenue for 2024, according to people familiar with the matter, setting the stage for a spinoff after the unit set up its own board last year.
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3 weeks ago |
news.bloombergtax.com | Lulu Yilun Chen
Ant Group Co.’s quarterly profit fell 31% as the firm invested in artificial intelligence and other initiatives to bolster revenue growth. The Hangzhou-based online finance firm contributed 1.76 billion yuan ($244 million) of profit to Alibaba Group Holding Ltd. Considering Alibaba’s one-third stake in Ant, that translates to an estimated 5.3 billion yuan in profit for the three months ended Dec. 31, according to Bloomberg calculations based on Alibaba’s earnings report.
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3 weeks ago |
bloomberg.com | Lulu Yilun Chen
Signage for Alipay at an Ant Group Co. office building in Shanghai. (Bloomberg) -- Ant Group Co.’s quarterly profit fell 31% as the firm invested in artificial intelligence and other initiatives to bolster revenue growth. The Hangzhou-based online finance firm contributed 1.76 billion yuan ($244 million) of profit to Alibaba Group Holding Ltd. Considering Alibaba’s one-third stake in Ant, that translates to an estimated 5.3 billion yuan in profit for the three months ended Dec.
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