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...
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...
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...
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...
Logisly, a logistics startup headquartered in Jakarta, Indonesia, notched $6 million in a Series A funding round led by Monk’s Hill Ventures, according to a report in Tech Asia on Tuesday (Nov. 3). Get the Full Story Complete the form to unlock this article and...
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...
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...
The People’s Bank of China (PBOC) and regulators from three Chinese agencies are interviewing Ant Group Founder Jack Ma, Chairman Eric Jing, and CEO Simon Hu about the upcoming $37 billion initial public offering (IPO), according to a Financial Times report on Monday (Nov. 2)....
To move toward retirement, and to have the money in place to get there, millennials need to make the leap from bare bones banking — checking and savings — into investing. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
