IPO

IPO
New Chinese Regulations Stall Ant Group IPO Until At Least April
November 05, 2020

Ant Group‘s initial public offering (IPO) could be delayed by six months and its valuation reduced by quite a lot after its delay this week, a report from the Financial Times says, as new regulations come into play. Get the Full Story Complete the form to unlock...

IPO
Report: Airbnb Will Proceed With IPO Despite Spike In COVID Cases
November 05, 2020

Despite the widespread escalation of COVID-19, Airbnb is moving forward with its initial public offering (IPO) and will register publicly next week, according to a Reuters report on Thursday (Nov. 6) that cited two sources. Get the Full Story Complete the form to unlock this...

IPO
China’s Suspension Of $37B Ant IPO Likely Came From Gov’t’s Top
November 04, 2020

China’s move to suspend Ant Group’s anticipated blockbuster initial public offering (IPO) likely came from the top echelon of the Chinese government, according to a report in the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

IPO
Ant Group IPO Delay Costs Alibaba Billions In Value As Stock Drops
November 03, 2020

Jack Ma has seen his net worth plunge by $3 billion after the Ant Group double initial public offering (IPO) was suspended on Tuesday (Nov. 3) by Chinese regulators, according to a report from Business Insider, which quoted numbers from Bloomberg’s Billionaire Index. Get the...

IPO
Airbnb Establishes Host Endowment Ahead Of IPO
November 03, 2020

Airbnb is earmarking 9.2 million shares to fund an endowment to support its hosts as the Silicon Valley unicorn prepares for an initial public offering (IPO), the company said in a recent statement. Get the Full Story Complete the form to unlock this article and...

IPO
Russian eCommerce Marketplace Ozon Eyes Nasdaq IPO
November 03, 2020

The eCommerce marketplace Ozon, considered to be Russia’s answer to Amazon, has filed for an initial public offering (IPO) in the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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Ant Group’s IPO Journey Faces Regulatory Hill – Is Lending In Crosshairs?
November 03, 2020

For Ant Group, for Alibaba, and for the biggest IPO ever, it’s a case of hurry up and wait. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

IPO
Shanghai Stock Exchange Holds Up Ant Group IPO Following Regulators’ Questioning
November 03, 2020

The Shanghai Stock Exchange is delaying Ant Group’s record initial public offering (IPO) following Jack Ma’s meeting with Chinese regulators, according to a Wall Street Journal (WSJ) report on Tuesday (Nov. 3).  Get the Full Story Complete the form to unlock this article and enjoy...

IPO
Jack Ma Tells Chinese Regulators Ant Group Not A Bank
November 03, 2020

As China’s Ant Group readies for its IPO — the biggest ever — founder Jack Ma wanted to clarify that the company is a tech firm, not a bank, Reuters reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...