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China's surprise suspension of Ant Group's record $37 billion listing is likely to delay rather than destroy its chances of a stock market debut though the financial technology giant's valuation ...
Alibaba Group Holding Ltd (NYSE: BABA)-owned Ant Group's initial public offering may have been scuttled by Beijing due to its "disinclination to allow entrepreneurs out of their lane," Duncan ...
The decision to halt Ant Group’s mega IPO has left investors big and small licking their wounds. Retail investors had bought into the listing in a big way, placing a record $3 trillion dollars ...
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.
Ant Group has announced a share buyback that values it at $78.5 billion, which is about $230 billion or 75% less than the valuation it fetched nearly three years ago, before its IPO was yanked by ...
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Alibaba Group Holding Ltd (NYSE: BABA)-backed Ant Group is unlikely to be able to hold its suspended initial public offering before 2022, Bloomberg reported Sunday.What Happened: Chinese ...
Alibaba Group Holding Limited (NYSE: BABA)-backed Ant Group's initial public offering and dual listing in Hong Kong and Shanghai could be delayed by at least six months, the Financial Times ...