NewsAlibaba expected to fly above Ant turmoil with strong growthStrong China retail sales buffer group against fintech affiliate’s IPO turmoil. 3 mins read
China’s cash-burning AI companies have encountered difficulties with public fundraising due to blacklisting by the US government. NewsKEY STAT | US-blacklisted AI company Yitu files for Shanghai IPO1 min read
The short video service is mainly looking for experienced candidates in e-commerce, gaming, and education. NewsByteDance plans to hire 10,000 employees in two months amid fast expansion2 mins read
“Regulators could use the IPO pause to re-assess the impact Ant may bring to the ecosystem of the Star Market.” NewsAnt’s IPO has to wait for the small loan regulation to be fully implemented, says expert3 mins read
“Ant’s valuation is sure to be affected greatly as the microloan business accounted for almost half of the company’s entire profits.” NewsAnt won’t be able to resume IPO in short term, analysts say3 mins read
Alibaba co-founder Jack Ma is in possession of 34% of Ant Group’s shares. NewsKEY STAT | Jack Ma’s wealth shrinks USD 3 billion as Ant’s IPO is suspended1 min read
“Small is beautiful, small is powerful,” Ant Group says on its website. Visual StoriesBIZ IN GRAPHICS | Ant Group’s business logic, advantages, and ‘small’ customers1 min read
Ant Group’s dual-listing in Shanghai and Hong Kong has been put on hold, pending further approval from regulators. NewsAnt Group’s IPO paused by Chinese regulators1 min read
China’s Venture Roundup Volume 8 covers China’s investment activity from 18 – 25 October 2020 China Venture RoundupHistory-making IPO for China’s first beauty unicorn Yatsen Holding | China’s Venture Roundup Volume 82 mins read