
Alibaba Shares Drop 8% Following Affiliate Ant Group’s Decision to Squash IPO Revival Plans
Alibaba shares retraced after Ant said that it had no interest in an IPO. The planned IPO would have been the biggest in history.
Alibaba shares retraced after Ant said that it had no interest in an IPO. The planned IPO would have been the biggest in history.
With the rising inflation and interest rate hikes causing the economic downturns, fintech firms are struggling to survive.
The Tesla CEO has no immediate plans to push for a Starlink IPO as he believes the space satellite company is not ready for that yet.
WM Motor claimed it focuses only on the mainstream market, and that its low-priced vehicles are a catch considering their quality and performance.
Forbes has reportedly pulled the plug on its SPAC IPO after conducting market reevaluations. An official announcement is expected soon.
Real-time gross settlement system Ripple will consider going public with an IPO after it ends its current legal tussle with the SEC, according to Brad Garlinghouse.
As part of the plan to launch the IPO, Upson has sought the advice of First Metro Investment Corporation.
The proposed public debut of Abu Dhabi’s Borouge offshoot is a testament to its growth momentum over the years.
Over the last two years, the company has invested over $500 million dollars into Celsius Mining to make crypto mining its other revenue-generating stream.
Instacart has confidentially filed for an IPO, as the company looks to expand further. However, Instacart is yet to provide any details.
The Grindr SPAC public deal includes an initial $284 million from Tiga and an additional $100 million in forward purchase agreement.
The SEC deciding to probe the Didi IPO is another regulatory problem for the company, added to cybersecurity investigations back in China.
The LIC is the dominant life insurance provider in India with an estimated investment of $503 billion and a life fund of $470.70 billion.
Peter Smith, Blockchain.com’s CEO and co-founder, said in an interview that they are carefully considering a public market option.
Dubai is still a growing region and with its integral role as the utility provider, DEWA is in a pole position to benefit immensely from this growth, and this is billed to translate to higher profitability for the investors in the long run.