Ant Group IPO
The Latest
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Ant Group Initiates Buyback Following Reforms, Valuation Drops About 40% since 2018 to $78.5 billion
After completing the requisite financial restructuring, Ant Group is poised to initiate a share buyback using its own capital to supplement its employee incentive pool and meet shareholders' liquidity needs, as per reports from Securities Times. The share repurchase, approved by Ant Group's board and submitted to the shareholder meeting for review, will not exceed 7.6% of the total share capital. After completing the requisite financial restructuring, Ant Group is poised to initiate a share buyback using its own capital to supplement its employee incentive pool and meet shareholders' liquidity needs, as per reports from Securities Times. The share repurchase, approved by Ant Group's board and submitted to the shareholder meeting for review, will not exceed 7.6% of the total share capital. -
He's A Painter Now: Alibaba Exec Tries To Convince World Jack Ma 'Living A Normal Life' After Business
Known for being candid and for pushing boundaries, Ma stepped down from Alibaba. Known for being candid and for pushing boundaries, Ma stepped down from Alibaba. -
China's Alibaba To Propose New Market Practices
On Thursday, regulators ordered 13 companies, most in the technology sector, to rethink their industry practices. On Thursday, regulators ordered 13 companies, most in the technology sector, to rethink their industry practices. -
Stripe In $95 Billion Valuation, Beneficiary Of Online Shopping Boom
COVID helped fintechs as people relied on online payments and e-commerce in lockdowns. COVID helped fintechs as people relied on online payments and e-commerce in lockdowns. -
Ant Group's $37 Billion Listing Suspended In Shanghai And Hong Kong
Ant Group's $37 billion listing has been suspended in both Shanghai and Hong Kong in a dramatic move just two days before what was set to be the world's largest-ever stock market debut. Ant Group's $37 billion listing has been suspended in both Shanghai and Hong Kong in a dramatic move just two days before what was set to be the world's largest-ever stock market debut. -
Ant Group's Planned $225 Billion IPO Set To Be World's Biggest
Ant Group's foray into big-league listings will provide huge impetus for China's budding technology exchange. Ant Group's foray into big-league listings will provide huge impetus for China's budding technology exchange. -
Alibaba's Ant Group To Go Public With $200 Billion-Plus Hong Kong Bid
Alibaba (BABA) shares rallied over 8 percent on reports that its Ant affiliate is going public. Alibaba (BABA) shares rallied over 8 percent on reports that its Ant affiliate is going public.