Paytm IPO Subscribed 48 Percent as Firm Heads Into Last Issue Day
Indian fintech firm Paytm’s initial public offering (IPO) of up to Rs. 18,300 crore was subscribed 48 percent on the second day of the issue period, receiving bids for 23.5…
How Alibaba Founder’s Meet With Donald Trump Upset China’s President
Jack Ma’s charitable foundation did not respond to a request for comment. (File)Hong Kong: This was supposed to be Jack Ma’s finest hour: a year ago to the day, his…
Paytm May Scrap Pre-IPO Sale Plan Over Valuation Differences: Report
Paytm was last valued at $16 billion, according to unicorn tracker CB Insights.New Delhi: Paytm, the Indian digital payments pioneer backed by Jack Ma’s Ant Group Co., is considering scrapping…
Alibaba’s Jack Ma Spotted In Spain In Rare Trip Abroad After China Scrutiny: Report
Jack Ma retired as Alibaba’s chairman in 2019.Mallorca: Alibaba Group founder Jack Ma was on the Spanish island of Mallorca where his luxury yacht is anchored, two Spanish newspapers said…
Jack Ma, Away From Public View Since Last Year, Said to Be Spotted Again
Alibaba Group founder Jack Ma, largely out of public view since a regulatory clampdown started on his business empire late last year, is currently in Hong Kong and has met…
Billionaire Alibaba Founder Jack Ma Reappears In Hong Kong: Report
Jack Ma has been keeping a low profile since delivering a speech in October last year.Hong Kong: Alibaba Group founder Jack Ma, largely out of public view since a regulatory…
Alipay Said to Be the Target of Fresh Tech Crackdown in China
Chinese regulators have ordered sweeping changes to the country’s biggest payment app Alipay, as the ruling Communist Party attempts to rein in “the unruly growth” of the tech giants.Alipay –…
China Crushed Jack Ma. Rivals Like Tencent, ByteDance, JD.com Are Next
Regulators have worked to check Ant Group’s influence, and the future is looking a lot less profitable.It’s been eight months since Jack Ma, the most famous business executive China has…
Ant Group Highlights Distinction Between NFTs and Cryptocurrencies
China’s Ant Group sought to draw a distinction on Wednesday between non-fungible tokens (NFTs) available on its platforms and cryptocurrencies currently subject to a crackdown by Beijing, after users expressed…
Alibaba Executive Says Founder Jack Ma ‘Lying Low’: Report
Alibaba Group Holding founder Jack Ma is “lying low” and focusing on hobbies and philanthropy, the Chinese e-commerce giant’s executive vice chairman and co-founder Joe Tsai told CNBC on Tuesday.Following…