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ALIBABA IPO UPDATE
Why are US stock market futures witnessing wild swings, and will Dow, S&P 500 and Nasdaq head for a huge crash or big surprise soon? Wall Street futures rise, stocks to watch out for, analysts insights, market outlook and what should investors do nowWhy are US stock market futures witnessing wild swings, and will Dow, S&P 500 and Nasdaq head for a huge crash or big surprise soon? Market...- Wealth quote of the day by Jack Ma: “When you have $1 million, that’s your money.... When you have $1 billion, that’s not your money....” — From Alibaba’s humble roots to China’s silicon superpower: how Ma’s journey reshaped global techWealth quote of the day by Jack Ma: “When you have $1 million, that’s your money. When you have $20 million, you start to have a problem. W...
- China’s AI reality check: Why tech leaders say beating US AI giants is unlikely anytime soonChina vs US AI race: China's top AI minds are downplaying hopes of surpassing US rivals soon. Executives from Alibaba, Tencent, and Zhipu A...
- Jack Ma returns to Alibaba amid AI push, market challengesJack Ma has returned to Alibaba’s offices and is more involved than he has been since 2019, Bloomberg reports. Although he holds no formal ...
- Jack Ma returns with a vengeance to ‘Make Alibaba Great Again’Jack Ma, after a period away from the public eye, has returned to Alibaba, becoming actively involved in the company's strategic direction....
- Alibaba to buy Cainiao stake for up to $3.75 billion as it drops IPO planAlibaba Group said on Tuesday it was offering to buy the 36% of Cainiao it does not already own for up to $3.75 billion, abandoning plans f...
- Alibaba dumps logistics arm IPO; to buy rest of Cainiao stake for up to $3.8 billionAlibaba's Cainiao withdrew IPO in Hong Kong. Alibaba plans $3.75B stock buyout. Minority shareholders offered $0.62/share sale. Reported by...
- Jack Ma’s wealth dips $4.1 billion, dragged by Ant’s reduced valuationOnce China’s richest tech tycoon, Jack Ma may now be worth $30 billion, which is less than half of his peak wealth before the failure of th...
- 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 Group sells 3.3% stake in Paytm parent for Rs 1,378 croreAlibaba.com Singapore E-Commerce Pvt Ltd sold 2,14,31,822 shares at Rs 642.74 apiece. This was at a steep discount of 9% to Thursday’s clos...
- Paytm shares down 9% as Alibaba sells 3% stake in large block dealBSE data showed that a large block deal took place in the second half of the day leading to a spurt in volume by over 19.25 times
- Didi revenue falls as China's regulatory crackdown hits businessDaniel Zhang, the chief executive officer of Chinese e-commerce giant Alibaba Group Holding, who had served as a director on Didi's board s...
- Didi revenue falls as China's regulatory crackdown hits businessShares of Didi, which had soared in their IPO giving the company a valuation of $80 billion and marking the biggest U.S. listing by a Chine...
- Red herring, red flags: Top 10 takeaways from Paytm’s draft IPO filingPaytm has filed its much-awaited draft red herring prospectus for a Rs 16,600 crore initial public offering (IPO). Here are 10 key takeaway...
- Ant may raise up to $17 bln in Shanghai IPO leg as investors submit bidsThe simultaneous listing in Hong Kong and Shanghai of the Chinese financial technology giant, backed by e-commerce behemoth Alibaba, would ...
- Ant IPO pricing was determined on Friday: Alibaba founder Jack MaBacked by Chinese e-commerce giant Alibaba, Ant plans to list simultaneously in Hong Kong and on Shanghai's STAR Market in the coming weeks.
- Ant Group to launch $35 billion IPO after final nod from China regulatorThe listing could be the world's largest initial public offering, surpassing the record set by Saudi Aramco's $29.4 billion float last Dece...
- China's Ant takes another step towards $35 billion IPO with registration moveThe Shanghai Stock Exchange approved the listing plan last week.
- After notice from India Post, Paytm rebrands its Postcard serviceThe notice cited the IPO Act and the established rules and regulations, saying the usage of the word 'postcard' is the sole prerogative of ...
- 10 things in tech you need to know todayGood morning! Here's the tech news you need to know going into the weekend.
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