Ant Group

Investor: Ant Group Could Still Have Record IPO, Despite Setbacks

Investor: Ant Group Could Still Have Record IPO, Despite Setbacks
Investor: Ant Group Could Still Have Record IPO, Despite Setbacks
November 18, 2020  |  IPO

Ant Group’s expected initial public offering (IPO) was scuttled this month, but the Chinese internet giant still has fans who are rooting for an IPO,...

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Ant IPO Stopped By President Xi As Rebuke To Gov’t Criticism
Ant IPO Stopped By President Xi As Rebuke To Gov’t Criticism
November 12, 2020  |  IPO

Chinese President Xi Jinping reportedly personally nixed the Ant Group double initial public offering (IPO), which had been set to be the biggest in the...

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Chinese Big Tech Value Plummets $280B Amid Regulatory Issues
Chinese Big Tech Value Plummets $280B Amid Regulatory Issues
November 11, 2020  |  Cross-border Payments

Big technology firms in China are suffering as regulatory issues continue, triggering falling share prices, according to a CNBC report on Wednesday (Nov. 11). Get...

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Today In Payments Around The World: Israel’s Cellwize Lands $32M In Funding; Auto Sales Rise In China For Fourth Month
Today In Payments Around The World: Israel’s Cellwize Lands $32M In Funding; Auto Sales Rise...
November 10, 2020  |  News

In today’s top payments news around the world, Israeli startup Cellwize has reportedly completed a Series B funding round, while sales of cars in China...

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Jack Ma’s Ant Group Faces Hard Regulatory Slog Back Toward IPO
Jack Ma’s Ant Group Faces Hard Regulatory Slog Back Toward IPO
November 09, 2020  |  IPO

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...

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Ant Group’s IPO Woes Could Slash Valuation In Half To $140B
Ant Group’s IPO Woes Could Slash Valuation In Half To $140B
November 09, 2020  |  IPO

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....

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

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,...

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Today In Payments: China’s Ant IPO Suspension Likely Came From The Top; LendingClub Q3 Loan Volume Snaps Back
Today In Payments: China’s Ant IPO Suspension Likely Came From The Top; LendingClub Q3 Loan...
November 05, 2020  |  News

In today’s top news, China’s suspension of Ant Group’s IPO likely came from top officials, and LendingClub’s third-quarter earnings boasted an impressive rebound. Plus, Uber...

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