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2 mins read
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
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
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
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
Ant's record-breaking IPO attracts $3 trillion in retail-investor bids
Shares set to debut in Shanghai were oversubscribed 872 times, while the Hong Kong portion saw bids…
Ben Winck
2 mins read
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
1 min read
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
2 mins read
Ant Group's record $34.5 billion IPO suspended in Shanghai and Hong Kong a day after Jack Ma met with Chinese regulators
Changes in the financial-technology regulatory environment disqualified Ant Group from meeting info…
Shalini Nagarajan
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
2 mins read
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
6 mins read
Not just small investors, even Alibaba-owned ANT Group and Softbank have lost money on Paytm
All the retail investors who lost money on Paytm’s public issue, it may bring you some solace that …
2 mins read
Jack Ma's Ant Group raises its funding target to $35 billion, likely making it the largest IPO ever
When Ant goes public, it will likely earn a massive valuation that puts it ahead of Saudi Aramco's …
Shalini Nagarajan
3 mins read
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
2 mins read
Jack Ma's fintech Ant Group is planning a massive dual-listing IPO in Shanghai and Hong Kong, skipping New York
One beneficiary of the Ant IPO? Jack Ma's Alibaba, which acquired a 33% stake in the fintech compan…
Matthew Fox
2 mins read
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…
Saloni Sardana
7 mins read
Nykaa, Policybazaar, Paytm among nine companies whose IPO lock-in period ends in November
New-age tech companies like Nykaa, Policybazaar, Paytm and Fino Payments Bank may witness some pres…
2 mins read
Warren Buffett's Berkshire Hathaway could bag a 60% profit when Paytm goes public
The billionaire investor's company plans to sell at least some of its 2.8% stake in Paytm when the …
Theron Mohamed
3 mins read
China's central bank wants Jack Ma's Ant Group to overhaul its business model
The People's Bank of China asserts that Ma's enterprise needs to 'understand the necessity of …
2 mins read
Jack Ma's Ant Group is targeting a record $34 billion IPO. Warren Buffett's Berkshire Hathaway stands to gain from its public debut
The Alibaba cofounder's fintech and the famed investor's conglomerate are both investors in StoneCo…
Theron Mohamed
2 mins read
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…