2023-12-30
Bloomberg
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People's Bank of China lists Ant Group's Alipay as having no controller, as Ant finished removing controlling stakeholders almost a year after Jack Ma's promise
The bank now lists Ant's Alipay as a firm without an actual controller. — Ma, co-founder of Alibaba Group Holding Ltd. …
2022-08-16
Bloomberg
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Analysis: Fidelity cut its estimate for Ant Group's valuation to $70B at the end of May, down from $78B in June 2021 and $235B before Ant's failed IPO in 2020
Lulu Yilun Chen / Bloomberg :
2021-04-05
Financial Times
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A record 76 companies suspended their IPO applications for Shanghai's Star Market in March, more than doubling since February, as tech regulatory scrutiny rises
what's happening now is most certainly not,” https://giftarticle.ft.com/... Christian Caryl / @ccaryl : An ominous but revealing trend. Chinese tech companies are running scared of their own governmen...
2021-01-17
Financial Times
Sources: investors, including BlackRock, GIC, and Silver Lake, who invested $10.3B in Ant's 2018 pre-IPO round are left with illiquid stakes after canceled IPO
2021-01-16
Financial Times
Sources: investors, including BlackRock, GIC, and Silver Lake, who invested $10.3B in Ant's 2018 pre-IPO round are left with illiquid stakes after canceled IPO
BlackRock among groups left holding $10.3bn worth of illiquid stakes in Chinese fintech — Investors including BlackRock …
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