Listing of Ant Group is unlikely in the short termEarlier this month, Ant Group announced a surprise share buyback that valued the fintech giant at $78.54 billion, well below the $315 billi...
29 Jul, 2023, 05.08 PM IST
Ant Group plans restructuring, paving way for Hong Kong IPO: reportThe Alibaba Group affiliate is looking at excluding its blockchain, database management services and international businesses from a main e...
26 Jul, 2023, 09.15 AM IST
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...
12 Jul, 2023, 12.43 PM IST
Alibaba shares rise 5.5% amid hopes Ant regulatory crackdown is endingThe scrutiny of the last two years created an uncertain environment that wiped billions off China tech sector share prices, including onlin...
10 Jul, 2023, 06.12 PM IST
Explained: What’s next for Ant after its nearly $1 billion fine?Ant's story so far has been one of a dramatic reversal in fortunes: while its shelved $37 billion IPO in 2020 had valued the company at $31...
10 Jul, 2023, 05.57 PM IST
Ant's surprise share buyback values firm at steep 75% discount to IPOAnt's major shareholders, Hangzhou Junhan Equity Investment Partnership and Hangzhou Junao Equity Investment Partnership, have voluntarily ...
08 Jul, 2023, 02.20 PM IST
Byju’s promoters sold shares worth $408 million; Wipro investors ride high on share buybackThe promoters of Byju’s sold their shares for millions of dollars since 2015, according to a research and data platform. However, a spokesp...
04 Jul, 2023, 08.13 PM IST
SoftBank, Ant Group discuss Paytm secondary sale to reduce holding in payments firmPaytm’s management including its founder and CEO Vijay Shekhar Sharma are seen to be opposed to a strategic investor coming on board the co...
27 Feb, 2023, 09.46 AM IST
Jack Ma-backed Ant group plans to pare stake in PaytmThe Chinese fintech giant has been discussing options to reduce its stake in One 97 Communications Ltd. after its share percentage increase...
25 Feb, 2023, 09.29 AM IST
Paytm completes share buyback worth Rs 850 croreThe Paytm board had approved buyback of shares worth Rs 850 crore on December 13, representing 6.67% of the total paid-up share capital bet...
14 Feb, 2023, 11.24 PM IST
Paytm Q3 consolidated loss narrows to Rs 392 crorePaytm reported a positive EBITDA before ESOP cost (earnings before interest, taxes, depreciation, amortisation and employee stock option co...
03 Feb, 2023, 10.34 PM IST
Alibaba raises share buyback to $25 billion from $15 billionAlibaba said it had already re-purchased about $9.2 billion of its US-listed shares as of March 18 under its programme, which was initially...
22 Mar, 2022, 08.38 AM IST
ETtech Evening Briefing on Mar. 2, 2021: The rise of the Indian influencer-investorContent creators such as Tanmay Bhat and Ranveer Allahabadia are channeling their influencer monies into startups. Nasscom recommends flexi...
02 Mar, 2021, 09.17 PM IST
Ant's employees expected a windfall. They got unsellable sharesIt has shelved a share buyback program for current and departing staff, in part because of uncertainty over how to value the company.
02 Mar, 2021, 12.33 PM IST
Ant turning from windfall to nightmare for global investorsAuthorities also berated Ant for sub-par corporate governance, disdain toward regulatory requirements, and engaging in regulatory arbitrage.
28 Dec, 2020, 02.31 PM IST
Alibaba's $10 bln buyback plan fails to halt stock slide as regulatory concerns mountA sharp sell-off over two sessions has knocked almost $116 billion off the tech giant's Hong Kong-listed shares.
28 Dec, 2020, 01.48 PM IST
Swiggy board approves Rs 27 cr employee stock repurchase programmeWith this, the food-tech startup has become one of the youngest internet startups in the country to make the offer.
09 May, 2018, 11.00 AM IST