The managers of ANT Group, a subsidiary of Alibaba is in plans to offer 15% of the company in an initial public offering, placing a value of $200 billion on the financial technology business. With...
The Bill and Melinda Gates Foundation Trust announced that it has sold all its shares of Chinese e-commerce giant Alibaba.According to a filing with the Securities Exchange Commission (SEC) the securi...
"On the path to success, you will notice that the successful ones are not whiners, nor do they complain often." Most renown billionaires had at least a good start which enabled t...
DefinitionBAT is a term used to refer to the stocks of three major companies in the Asian region, namely; Baidu Inc. (BIDU), Alibaba Group Holding Ltd. (BABA), and Tencent Holdings Ltd. (0700. Hong Ko...
In today's modern world, buying things online is becoming a fad. You've probably made purchases from an online store. Of course, buying online is much better than going into stalls and stores to buy t...
Xpeng Motors, a Chinese based EV maker is currently making plans to list its shares on the New York Stock Exchange (NYSE), as it has already filed for an Initial Public Offer (IPO) in the United State...
Chinese financial technology giant Ant Group is set to raise $34 billion public offering in what is said to be the world’s biggest IPO. The conglomerate’s shares will trade in Hong Kong and S...
Having delayed its Initial Public Offering which was initially reported to take place in 2018, Saudi Arabian Oil Co., Saudi Aramco has priced its IPO at 32 riyal ( whi...
SoftBank is going to sell its nearly 50% stakes back to the dog-walking app, Wag Labs Inc. following some layoffs at the start-up Wag company. This indicates another failed bet ...
Nvidia (NVDA) has announced its intention to buy chip designer ARM Ltd. from Softbank. Based on the reports that came in from Bloomberg News, there is a possibility of the deal reaching a conclusion w...