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SoftBank invested $20 million in Alibaba in 2000. 14 years later, that tiny stake was worth more than $50 billion after its blockbuster IPOIn 2000, SoftBank’s Masayoshi Son invested $20 million in Alibaba, the Chinese online marketplace founded by Jack Ma. The company had littl...- Moonshot execs in talks to settle dispute with shareholder ahead of planned IPO, people sayMoonshot, a Chinese AI startup, is currently in discussions with Recurrent.ai amidst a backdrop of legal challenges concerning alleged misc...
- In 2005, Yahoo invested $1 billion in Alibaba. 10 years later, its stake was worth more than $30 billion after the Chinese giant went publicYahoo’s Alibaba investment changed the company’s financial story. In 2005, Yahoo paid $1 billion for a 40% stake in the Chinese e-commerce ...
- ETMarkets NRI Talk | AI’s 30x sales premium: Apurva Sheth on OpenAI, Anthropic and the valuation debateOpenAI and Anthropic are reportedly commanding valuations that translate into roughly 30-38 times price-to-sales, compared with around 3.7 ...
- Should AI companies slow down development? Leaders debate safety, costOpenAI chief executive Sam Altman, xAI chief Elon Musk and other technology leaders have since joined the discussion, as concerns over AI s...
- Chinese AI firm Moonshot files confidentially for Hong Kong IPOMoonshot's latest version, Kimi K3 released in July, has met with positive reviews and robust demand, and sources have said the startup is ...
- China's Moonshot in talks with Microsoft, Amazon, Google over K3 revenue sharingThe discussions highlight how China's leading AI models, often far cheaper than Western offerings, are gaining traction in the US, despite ...
- China's Moonshot in talks with Microsoft, Amazon, Google over K3 revenue sharing, sources sayMoonshot AI is negotiating revenue-sharing deals with Microsoft, Amazon, and Google. These talks could allow US cloud providers to host its...
- Global Market: Unitree shares soar nearly six-fold in Shanghai debut as robotics boom gains momentumUnitree shares surged nearly six-fold in their Shanghai debut, marking a landmark listing for China’s rapidly expanding robotics industry. ...
- Vijay Shekhar Sharma's Resilient Asset to sell 4.98% Paytm stake; Antfin to retain economic proceedsResilient Asset Management plans to sell up to 4.98% stake in Paytm parent One 97 Communications through a block deal worth Rs 5,000 crore....
- Unitree IPO: China’s humanoid robot starset for potentially explosive Shanghai debutUnitree is set for a highly anticipatedShanghai debut, with private-market prices indicating potentially steep gainsover its 150.8-yuan IPO...
- The AI competition paradoxChina's open-source AI models are challenging US dominance, driving intense competition. Chinese firms are gaining market share through low...
- DeepSeek's new AI model is by far the cheapest of well-known models to run, research firm saysA version of Chinese startup DeepSeek's flagship AI model is by far the least expensive to run on benchmark tests among well-known models g...
- Global Market: Zhongji Innolight shares slip in Hong Kong debut after record $6.8 billion IPOChinese optical component maker Zhongji Innolight fell up to 8% in its Hong Kong listing debut on Thursday after raising HK$53.4 billion ($...
- Alibaba's DingTalk will split from Cloud business groupThe sources could not confirm the exact timing of the split and also did not confirm news reported by Chinese media outlet Caixin on Wednes...
- Alibaba’s global online commerce arm weighs a US IPOGlobal online shopping unit includes Lazada, AliExpress, and has been valued by analysts at $39 billion.
- Alibaba splits into six units that may pursue individual IPOs“Each business group and company can pursue independent fundraising and IPOs when they are ready,” Zhang said in a statement.
- Alibaba debuts with a bang on Wall Street, stock lists at $92.70/shareAlibaba Group Holding's shares rose as much as 46% in their first day of trading on Friday, lifting the Chinese online retailer's value to ...
- Indian funds, HNIs eye slice of Alibaba mega IPOIndian investors can invest in IPO via overseas trading a/cs & brokerages offer facility to invest in stocks that are traded on US exchange...
- Alibaba could be valued at $163 billion in record listingAlibaba is seeking a valuation of as much as $162.7 billion, larger than 95% of the Standard & Poor's 500 Index, as it enters the IPO's fin...
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