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Page 8 - Latest Updates on Jack Ma

Ant Group's Shanghai retail book listing 872 times oversubscribed

Ant is poised to raise about $17.2 billion on Shanghai's STAR Market and roughly the same in Hong Kong, shattering the record set by Saudi Arabian Oil Co

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Updated On : 30 Oct 2020 | 1:56 AM IST

Alibaba Group's 'most influential woman' to get $5 bn richer on Ant IPO

The co-founder of the e-commerce giant rarely speaks in public and is little known outside of China, but over the past two decades she's played a key role guiding Jack Ma's empire

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Updated On : 28 Oct 2020 | 10:44 PM IST

A blockbuster $34.5 bn IPO: Here is what's at risk for Jack Ma's Ant Group

Ant's meteoric rise was made possible in part by China's willingness to let it experiment

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Updated On : 28 Oct 2020 | 7:48 AM IST

Jack Ma to become richer than Walmart heirs with mega Ant Group IPO

Ma's 8.8% stake is worth $27.4 billion based on the stock pricing in Hong Kong and Shanghai

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Updated On : 28 Oct 2020 | 1:50 AM IST

Banks working on Ant Group's Hong Kong IPO could get $396 million windfall

Ant is set to raise as much as $19.8 billion in Hong Kong if it fully exercises an over-allotment option

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Updated On : 27 Oct 2020 | 11:55 PM IST

Investors line up for Ant Group's $34.4 bn IPO despite scrutiny threats

Jack Ma, the billionaire founder of Ant and affiliate Alibaba Group Holding, said it was a "miracle" that such a large listing is taking place outside New York

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Updated On : 27 Oct 2020 | 8:19 AM IST

Jack Ma's Ant Group seeks to raise $35 billion in biggest-ever IPO

The company's much-anticipated IPO is on track to surpass Saudi Aramco's $29 billion sale last year

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Updated On : 27 Oct 2020 | 12:38 AM IST

Alibaba Group's Jack Ma slams financial regulators' curbs on innovation

'World focussing only on risk control, not on development; Basel norms irrelevant for China's phase of development'

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Updated On : 26 Oct 2020 | 1:28 AM IST

Jack Ma's Ant Group plans to increase IPO valuation target to $280 billion

Despite the US headwinds, Jack Ma's Ant is moving ahead with what could be the world's largest IPO, with same-day listings in Hong Kong and Shanghai, the people said

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Updated On : 17 Oct 2020 | 12:55 AM IST

Jack Ma's Ant Group faces US headwinds in race to IPO before Trump vote

America is exploring restrictions on Chinese payment services

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Updated On : 09 Oct 2020 | 2:38 AM IST

Zhong Shanshan, a bottled-water tycoon, ousts Jack Ma as China's richest

Zhong Shanshan's net worth reached $58.7 billion on Wednesday, $2 billion more than Jack Ma's, according to the Bloomberg Billionaires Index

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Updated On : 24 Sep 2020 | 9:59 PM IST

Jack Ma's Ant Group plans to lift IPO funding target to $35 billion

Ant's simultaneous listing in Hong Kong and Shanghai may mark the biggest IPO ever, topping Saudi Aramco's record $29 billion sale

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Updated On : 22 Sep 2020 | 1:40 AM IST

'Would be massive': Paytm Money looks to tap India's stock trading mania

Paytm Money hopes to stand in competitive stock broking industry with features that could allow users to automate the entry, exit and monitoring of investments.

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Updated On : 19 Sep 2020 | 12:17 PM IST

Goldman Sachs joins Ant Group's up to $30 bn IPO banking syndicate: Report

Ant, backed by Chinese e-commerce giant Alibaba Group, plans to list simultaneously in Hong Kong and Shanghai

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Updated On : 05 Sep 2020 | 2:41 PM IST
Updated On : 04 Sep 2020 | 2:10 AM IST

Ant Group's $30-billion IPO sets up Jack Ma for a battle with Tencent

China's two largest corporations Alibaba and Tencent are wrestling for online leadership in everything from social entertainment to e-commerce and cloud computing

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Updated On : 03 Sep 2020 | 8:53 AM IST

As IPO looms, all you need to know about billionaire Jack Ma's Ant Group

A 2011 offshoot of Chinese giant Alibaba Group Holding Ltd., the firm has defined and dominates the Chinese payments market through its ubiquitous Alipay app

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Updated On : 30 Aug 2020 | 7:31 AM IST

Post Covid-19 cold war world will be a tough place for Jack Ma's Ant Group

China sales account for about 95% of Ant's revenue. Yet overseas expansion is destined to become more important to the company

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Updated On : 27 Aug 2020 | 7:32 AM IST

Ant's mega IPO set to turn early investors, employees into billionaires

Ant Chairman Eric Jing's fortune will swell to $2.9 billion, and another 17 current and former Alibaba and Ant executives will join the ranks of billionaires

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Updated On : 26 Aug 2020 | 1:28 PM IST

Ant Group files for HK-Shanghai IPO; first-half profit rises 1,000%

Ant's Alipay service processed $17 trillion in transactions

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Updated On : 26 Aug 2020 | 2:22 AM IST