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News by FinTech Collective Archive

A Jack Ma company is poised to break the record for biggest IPO—again

Sarah Wolter

August 21, 2020

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Sarah Wolter

Chinese fintech firm Ant Group is targeting a $225b valuation for dual listings in Hong Kong and Shanghai in what would be the biggest IPO ever.

According to Alibaba's Thursday earnings report, Ant made a profit of $1.3 billion in the first quarter of 2020. Ant owns the digital payments platform Alipay, which has 900 million users in China and over 1 billion worldwide.

https://fortune.com/2020/08/21/jack-ma-alibaba-ant-ipo-biggest-ever/?utm_content=2020082114pm

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More posts by Sarah Wolter

Octane partners with CFMOTO to provide financing to prime customers

Octane partners with CFMOTO to provide financing to prime customers

Sarah Wolter

Alas, Blackstone has made another fun-washing Christmas video

Alas, Blackstone has made another fun-washing Christmas video

Sarah Wolter

More men are addicted to the ‘crack cocaine’ of the stock market

More men are addicted to the ‘crack cocaine’ of the stock market

Sarah Wolter

MoneyLion and MrBeast partner on $4m financial literacy competition

MoneyLion and MrBeast partner on $4m financial literacy competition

Sarah Wolter

Fintech startup Chime submits confidential filing for IPO

Fintech startup Chime submits confidential filing for IPO

Sarah Wolter

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