Tag: $60B
Pulled Ant Group IPO costs Alibaba nearly $60B in market cap
News today that Ant Group’s IPO is suddenly on hold in both Shanghai and Hong Kong caused a sell-off of Alibaba shares. This...
Alibaba is picking up 33% of Ant Financial, its fintech affiliate...
Alibaba has added an additional angle to the announcement of its latest financial report today with news that it is taking a 33 percent...