Alibaba’s Ant Group IPO Said to Be Halted by Chinese President Xi Jinping: Report

13Nov 2020 by admin
China’s President Xi Jinping personally decided to pull the plug on Ant Group’s $37-billion (roughly Rs. 2,76,200 crores) IPO, the Wall Street Journal reported, citing Chinese officials with the knowledge of the matter.

Related posts:

Amazon to Hire 50,000 Temp Workers in India as Lockdown Boosts Demand

Twitter Fleets Rollout Slowed Down Globally to Address Performance, Stability Issues

Amazon Halts Black Friday Advertising Campaign After France Says It’s Unfair to Small Shops

DDN Tintri IntelliFlash H-Series Released

WD_BLACK P50 Game Drive SSD Review (4TB)

Amazon Takes Down Underwear, Doormat Listings With Hindu Symbols After India Backlash

Kalashnikov Woos Gadget Lovers With Ultima Shotgun That Syncs With Smartphones, Eyes Production in I...

Xbox App for iOS to Soon Let You Stream Your Console's Games to Your iPhone: Report

PlayStation 5 Requires a Native Build to Support 120fps, Xbox Series X Only Needs a Minor Patch: Rep...

Rogue One Prequel Series Taps Black Mirror’s Toby Haynes as New Director, Begins Filming in October:...