Jack Ma resurfaces after months via an online video where he is seen congratulating rural teachers supported by his foundation. While it is still unknown where Ma is and what is his position with the Chinese regulators, news of his re-emergence has sent Alibaba’s shares up 8%.
Tag: Ant Group
China suspends the debut of Grupo Ant, the largest exit in history
The IPO of the Chinese technology company Ant Group has been suspended this Tuesday after the Shanghai market announced the suspension of its part of the operation, which was to be the largest in history, after a meeting of regulators with executives of the firm and a change in the sector regulations. In a statement […]
Ant Group Set To Launch “History’s Largest” IPO, Says Jack Ma
The offering could be worth a grand $35 billion, the biggest yet, following the previous record set by the multinational oil company, Saudi Aramco, of $29.4 billion float last December.