Search results
Results from the WOW.Com Content Network
HONG KONG (Reuters) -Ant Group on Saturday announced a surprise share buyback that values the fintech giant at $78.54 billion, well below the $315 billion touted in an abandoned IPO in 2020, in a ...
Ant Group (Chinese: 蚂蚁集团; pinyin: Mǎyǐ jítuán), formerly known as Ant Financial, is an affiliate company of the Chinese conglomerate Alibaba Group.The group owns the world's largest mobile (digital) payment platform Alipay, which serves over 1.3 billion users and 80 million merchants, with total payment volume (TPV) reaching CN¥118 trillion in June 2020.
Some of Ant Group's global investors have valued the Chinese fintech firm at over $200 billion based on its 2020 performance, said people with knowledge of the matter, offering a more sober ...
The company was then valued at $12.6 billion. Motorola Solutions also used a portion of the investment to fund a share buyback. [56] Dell: 2013 Information technology On February 5, 2013, Dell announced that it had agreed on a buy-out by Michael Dell and Silver Lake for $13.65 per share in cash. The shares of founder and CEO Michael Dell and ...
China's top security regulator approved the Shanghai leg of fintech unicorn Ant Group's initial public offering on Wednesday, the final regulatory hurdle for what is likely to be the world's ...
bKash started in 2011 as a joint venture between BRAC Bank Limited, Bangladesh, and Money in Motion LLC, United States of America. In April 2013, International Finance Corporation (IFC), a member of the World Bank Group, became an equity partner, in March 2014, Bill & Melinda Gates Foundation became an investor in the company, [10] and in April 2018 Ant Financial, the operators of Alipay (an ...
Alibaba affiliate Ant, which had an implied valuation of $150 billion during a 2018 fundraising, is preparing to step up plans for eventually going public in Hong Kong and mainland China, three ...
Primavera was an anchor pre-IPO investor of Alibaba.It has also invested in multiple subsidiaries of it including Alipay, Ant Group and Cainiao. [2] [3] [4] [7] [9]In September 2016, Primavera and Ant Group acquired a $460 million stake in Yum China before it was spun off from Yum!