Chinese regulators capped a tough week for Ant Group by suggesting that they would regard Ant and other FinTechs Ant more banks, the Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Ant Group‘s stalled initial public offering (IPO) could cut the company’s valuation in half, with one report putting the firm’s value at just $140 billion. That’s a 50 percent drop from its pre-IPO value of $280 billion, and less than its value when Ant Group...
Petco Animal Supplies announced that it has confidentially filed for an initial public offering (IPO) pending a review from the U.S. Securities and Exchange Commission (SEC), according to a company statement on Thursday (Nov. 5). Get the Full Story Complete the form to unlock this...
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...
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...
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...
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...
