You Searched For "Alibaba IPO" and got 20 results
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2 mins read
SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit
The Japanese firm posted a $7.7 billion quarterly profit and is ready to chase fresh profits with n…
Hasan Chowdhury
1 min read
Alibaba to make significant job cuts amid IPO plans
Chinese internet giant Alibaba is making significant job cuts, reportedly around 7 per cent of its …
3 mins read
Masayoshi Son made $72 billion betting on Jack Ma's Alibaba. Now he wants to do it again with AI.
More than two decades on from his first bet on Alibaba, SoftBank CEO Masayoshi Son is ready to go a…
Hasan Chowdhury
1 min read
Alibaba stock jumps 10% as the Chinese tech giant begins its biggest reorganization ever and eyes new IPOs
The move to split the company into six independently run entities comes just a day after cofounder …
Phil Rosen
3 mins read
Alibaba will make $730 million from Paytm IPO, Vijay Shekhar will earn $54 million
One 97 Communications — the parent company of digital payments giant Paytm — will launch its initia…
1 min read
Jack Ma popped up randomly on Alibaba's staff forum only to deliver a rare criticism of his company's performance
Alibaba cofounder Jack Ma's remarks come after a two-year absence from the public eye, following a …
Kai Xiang Teo
1 min read
Jack Ma praised a key rival. A day later, it overtook Alibaba as China's most valuable e-commerce company.
PDD's market cap is nearly $185 billion, while Alibaba's market cap is nearly $184 billion.
Huileng Tan
1 min read
Things to know about Paytm before placing a bet on its IPO
One 97 Communications — the parent company of digital payments giant Paytm — is all set to launch I…
2 mins read
Ant Group's $35 billion IPO could be back in play because it plans a JV with China-backed firms, report says
Chinese regulators had ordered Ant Group to restructure before allowing the fintech giant to comple…
Sophie Kiderlin
2 mins read
Alibaba, Tencent and other Chinese techs slide in Hong Kong after Didi bows to pressure to delist in New York
Chinese techs in Hong Kong fell after ride-hailing giant Didi bowed to pressure to pull its US off…
Karen Friar
3 mins read
The Evergrande crisis and Beijing's tech crackdown have rattled investor confidence in China, but 2 experts say they're still bullish on the world's 2nd-largest economy
"I believe very strongly that Chinese tech will weather the current rough storms," Fred Hu of Prima…
Isabelle Lee
1 min read
Didi slides 11% after China launches a cybersecurity review of the company days after its US IPO
China's internet regulator said it wants to prevent "national data security risks" with its review …
Carla Mozée
6 mins read
Here's how much Uber, Softbank and Tencent can possibly gain from Didi’s IPO — the largest Chinese share sale since Alibaba
China’s ridesharing behemoth, Didi Chuxing, is finally ready to go public after years of speculatio…
1 min read
Jack Ma appears at an Alibaba event in China days after an executive says he's 'alive' and 'happy'
The Alibaba founder appeared at a math contest in Hangzhou, where the company is based, after start…
Ryan Hogg
2 mins read
Airbnb and DoorDash's post-IPO stock pops represent an 'epic level of incompetency,' says a former banker who led one of the world's largest IPOs ever
Imran Khan told CNBC on Tuesday recent post-IPO stock pops represent an "epic level of incompetency…
Emily Graffeo
2 mins read
Ant Group's record-shattering IPO is highly unlikely to get done in 2021, a new report says
The delay in Ant Group's IPO has led some analysts to slash its valuation estimate in half, accordi…
Matthew Fox
2 mins read
Fidelity cuts Ant Group's valuation in half to $144 billion after regulatory crackdown in China
Ant Group had been valued at nearly $300 billion by Fidelity ahead of its anticipated IPO, which wa…
Matthew Fox
1 min read
Jack Ma sees $3 billion erased from his net worth as Alibaba shares tank following Ant Group IPO delay
Even with today's drop in shares of Alibaba, Jack Ma is still worth about $54 billion, according to…
Matthew Fox
1 min read
Didi soars 28% in largest IPO debut for a Chinese firm since Alibaba, valuing ride-hailing firm at $86 billion
Didi is the second largest ride-hailing company by market value, behind Uber but ahead of Lyft, bas…
Matthew Fox
1 min read
Jack Ma is set become the world's 11th-richest person on Ant Group's IPO, leapfrogging heirs to L'Oreal and Walmart with his $71.1 billion fortune
Jack Ma's fortune rose by an estimated $27 billion following share pricing for Ant Group's November…