Switch to the dark mode that's kinder on your eyes at night time.

Switch to the light mode that's kinder on your eyes at day time.

Menu

Switch to the dark mode that's kinder on your eyes at night time.

Switch to the light mode that's kinder on your eyes at day time.

in Tech

Alibaba shares drop 8% after Jack Ma’s Ant Group and regulator squash talk of revived IPO

by Editor June 9, 2022, 7:53 pm 1.8k Views

Alibaba shares drop 8% after Jack Ma's Ant Group and regulator squash talk of revived IPO

Ant Group, founded by billionaire Jack Ma, scrapped its IPO in November 2020 after regulators flagged concerns with the company. Since then, the company has been ordered to rectify its business. Ant Group said that a revived IPO is not on the cards yet.

Costfoto | Future Publishing | Getty Images

Alibaba shares dropped 8% on Thursday after financial affiliate Ant Group said it currently has no plans to revive an IPO, and a key regulator said it…

Read the full article

Posted by Editor

Leave a Reply Cancel reply

The biggest IMAX experience

The biggest IMAX experience

Alex Oxlade-Chamberlain news

Man Utd to sign Alex Oxlade-Chamberlain?

Back to Top

Close