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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 …
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
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
Jack Ma's Alibaba climbs after the the billionaire gives up control of Ant Group
Shares of the Chinese e-commerce giant climbed for the sixth consecutive trading session, and have …
Phil Rosen
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
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
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
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
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
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…
Grace Dean
China suspends Jack Ma’s $34 billion Ant Group listing — Alibaba shares plunge, Ma loses over $3 billion
Alibaba shares plunged by almost 10% in Hong Kong after the news of Ant Group's IPO suspension w…
Jack Ma's Ant Group aims to raise $34.5 billion in largest IPO of all time
The company aims to evenly split its 1.67 billion-share debut across the Hong Kong and Shanghai exc…
Ben Winck
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…
Ant Group's IPO could be delayed more than 6 months amid regulatory pressure that may slash its valuation, report says
Lawyers involved in the listing of Ant's shares said the company would have to submit a new IPO pro…
Matthew Fox
China's Xi Jinping personally halted Ant's record-breaking $37 billion IPO after boss Jack Ma snubbed government leaders, report says
A week before Ant was set to go public, Ma made incendiary comments that didn't go down well with t…
Shalini Nagarajan
Jack Ma's $30 billion Ant IPO could push tech fundraising to highest level since dot-com bubble's peak
The debut stands to push global first-time stock offerings by tech companies above $57 billion. A r…
Ben Winck
Jack Ma's Ant Group files for IPO, which could reportedly be the biggest ever
The company is targeting a $225 billion valuation and could raise a record $30 billion in the IPO i…
Ben Winck
Jack Ma hasn't been seen in public since Ant Group's IPO was pulled. Here's how Chinese regulators slammed the brakes on the firm's would-be record-breaking $37 billion IPO.
Experts told Business Insider that Jack Ma's incendiary comments blasting China's banking rules pla…
Katie Canales
Jack Ma reportedly made a surprise visit to Ant Group's headquarters in one of his few public appearances since China pulled the firm's $35 billion IPO
Jack Ma was reportedly seen smiling on a bus with other executives, marking the second time he's ap…
Katie Canales
Jack Ma's Ant Group gets the green light from Chinese regulators for its Hong Kong IPO, a report says
A confidential source told CNBC a hearing with the Hong Kong Stock Exchange will take place later o…