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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   


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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   


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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 …

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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   


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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   


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Alibaba jumps as cloud business reports first-ever quarterly profit

Alibaba reported a $3 million profit from its cloud business for the December quarter on record-bre…

Will Daniel   


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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   


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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   


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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   


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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   


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Alibaba jumps 5% after billionaire Jack Ma appeared in a 50-second videoclip after weeks of laying low

The billionaire, who is a former English teacher, seemed to embrace themes promoted by China's Comm…

Shalini Nagarajan   


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Alibaba shares hit 6-month high after Jack Ma cedes control of Ant Group, amid a broad rally in Asian shares

Alibaba share rose 9% after news emerged that Ma was ceding control of Ant Group, following China's…

Huileng Tan   


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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   


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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   


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Vijay Shekhar Sharma to buy 10% stake in Paytm; stock rallies 9%

Vijay Shekhar Sharma will acquire 10.30% stake in Paytm from Antfin (Netherlands) Holding BV throug…

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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 …

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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   


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The world's most valuable oil company may launch the biggest stock offering in history

Saudi Arabia is considering an offering of Aramco stock that could be worth up to $50 billion, sour…

Filip De Mott   


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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   


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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