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Ant gets approval to expand its consumer finance business

The regulatory review forced Hangzhou-based Ant Group to abruptly suspend plans for a massive IPO in 2020. CGV | Visual Group China | Getty Images BEIJING — Ant Group’s consumer finance unit has received approval to more than double its registered capital, a sign of progress in addressing regulators’ concerns. Since the abrupt suspension of …

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Take-Two Interactive, Lyft, TripAdvisor and more

Take a look at some of the biggest pre-market movers: Interactive Take-Two (TTWO) – Take-Two fell 17.4% pre-market after video game publisher reduced its booking outlook for the year. Take-Two has been impacted by declining mobile and game sales, although CEO Strauss Zelnick said the situation should improve over the next three to six months. …

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