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FIDELITY ANT GROUP
AntFin sells 2% stake in Zomato via open market for Rs 2,828 croreAntFin entity AntFin Singapore Holding Pte sold 176,395,675 shares of Zomato at an average price of Rs 160.3 a share, bulk deals data on BS...- Ant Financial likely to sell 2% stake in Zomato for Rs 2,800 crore via block deal: ReportIt plans to sell 176.4 million shares of Zomato that could fetch around Rs 2,810 crore, reports said. The floor price for the stake sale is...
- Ant Group arm divests 3.4% in Zomato for Rs 3,337 croreAccording to BSE bulk deals data, Alipay Singapore Holdings, an entity of the Ant Group, sold 297 million shares at ₹112.70 per share.
- Vanguard sells stake in joint venture with Ant: reportThe move comes months after a Reuters report said Vanguard was mulling a retreat from China, the second largest economy in the world, after...
- Some global investors skip Ant's buyback after valuation slumps 70%Among the investors not participating in the buyback are Warburg Pincus, Canada Pension Plan Investment Board (CPPIB), Carlyle Group and GI...
- 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...
- 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 ...
- Ant Group profit falls 56% amid overhaulAnt is waiting for a financial holding company license, more than two years after authorities torpedoed its planned initial public offering...
- Emerging markets will have to weather another dollar hurrahWith the bulk of Federal Reserve aggressive rate increases already over, some of the world’s top investors predict the dollar will soon fal...
- Fidelity cuts Ant Group valuation by another 9% to $64 billionAnt has been overhauling its business to comply with government demands, while awaiting a green light to apply for a financial holding comp...
- Fidelity, BlackRock cut fintech giant Ant’s valuation furtherBoston-based Fidelity Investments cut its estimate for Ant to $70 billion at the end of May, according to Bloomberg calculations based on f...
- Investor Warburg cuts Ant valuation by 15% to below $200 billionWarburg's cutting of Ant's worth comes after some other global investors have already slashed their valuations and shows scepticism about i...
- Nykaa surges to near $13 billion valuation in debutShares of FSN E-Commerce Ventures, the profit-making company that owns the Nykaa brand, soared 89.2% to Rs 2,129 after opening at Rs 2,018 ...
- Zomato, Paytm set to supercharge India's hot IPO marketStocks that have debuted this year are up by an average of 62%, according to data compiled by Bloomberg -- buoyed by a liquidity-fueled sto...
- Fidelity halves valuation of Ant Group after Chinese crackdownThe new valuation for the Jack Ma-founded company, which has been forced to restructure following scrutiny from Beijing, was $144 billion a...
- Fidelity halves valuation of Ant Group after Chinese crackdown: ReportThe new valuation for the Jack Ma-founded company, which has been forced to restructure following scrutiny from Beijing, was $144 billion a...
- Jack Ma-backed Zomato planning to file $650 mn IPO next monthThe company could complete the listing in Mumbai before the end of September, the people said, asking not to be identified as the informati...
- Zomato closes $250 million funding round at $5.4 billion valuationZomato has benefited from a revival in the online food ordering sector after a few tough months last year due to the nationwide lockdown, i...
- Zomato set to close $500 million pre-IPO funding roundWith the fresh capital, Zomato is expected to have a valuation of $5.5 billion and $1 billion in cash as it inches closer to an initial pub...
- Abby Johnson gets Fidelity ready for a $22T shift to womenIn an era of low-cost index funds, it’s tough to be best known for your stock-pickers.
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