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Alibaba's Ant Group files for record-breaking IPO

Video Credit: Reuters Studio - Duration: 01:21s - Published
Alibaba's Ant Group files for record-breaking IPO

Alibaba's Ant Group files for record-breaking IPO

Alibaba's Ant Group - operator of the Alipay online payments system - has filed for an IPO that could be the biggest ever.

Julian Satterthwaite reports.


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Ant Group Ant Group Chinese payment company

Will China's Ant Group be next on U.S. blacklist? [Video]

Will China's Ant Group be next on U.S. blacklist?

The U.S. State Department has submitted a proposal for the Trump administration to add China's Ant Group to a trade blacklist, according to two people familiar with the matter, before the financial technology firm is slated to go public. Ciara Lee reports

Credit: Reuters Studio    Duration: 01:25Published
Jack Ma's Ant Group Putting Together Largest IPO In History [Video]

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Business Insider reports that Jack Ma's Ant Group is looking to raise its funding target to $35 billion through its initial-public-offering. Ant is Alibaba's fintech arm and China's dominant mobile-payments service. Ant raised its valuation to $250 billion from $225 billion. Previously, the company expected to raise $30 billion. When Ant goes public, its listing will likely be the largest IPO in the world.

Credit: Wochit News    Duration: 00:24Published

Alibaba Group Alibaba Group Hangzhou-based group of Internet-based e-commerce businesses


Alipay Alipay third-party online payment platform in China


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