Alibaba wins exchange's approval for Hong Kong listing
The base offering could raise $11.7 billion based on Alibaba’s last close in New York, though it wasn't clear if the company would market the deal at a discount to its US stock price.
SoftBank's Paytm top-up to come with riders
SoftBank Vision Fund (SVF), an existing investor in Paytm, is learnt to have stipulated that the ...
Wall Street slips on trade worries, Hong Kong unrest
Declining issues outnumbered advancers for a 1.67-to-1 ratio on the NYSE and a 1.89-to-1...
Zomato halves cash burn to $20 million in October
Sanjeev Bikhchandani, executive vice-chairman of Info Edge, said he was confident that Deepinder Goyal-led Zomato would not only defend its turf, in the face of an anticipated entry by Amazon into the space, but also grow in the face of increased competition.
Giant Aramco listing a critical test for young Saudi exchange
Facebook's 2012 listing on Nasdaq was hit by widespread delays.
Accor and Alibaba Group Enter into a Strategic Partnership
Accor said through the 'strategic collaboration' the chain plans to develop a series of digital applications and loyalty programs to improve the consumer and traveler experience over the next five years. The chain said the collaboration will leverage Alibaba’s 700 million consumers across its China retail marketplaces.
Saudi Aramco's record IPO starts November 17, prospectus says
After years of delays and false starts, Aramco officials last week announced a share sale.
With discounts galore and Taylor Swift, Alibaba eyes another record Singles' Day
Alibaba saw sales worth $30 billion on its platforms on Singles' Day last year, dwarfing $7.9 billion U.S. online sales for Cyber Monday.
Police shooting rattles Hong Kong markets, investors count on Alibaba listing
Investor sentiment suffered after a police officer shot and wounded one protester before trading commenced.
More preferring online grocery shops: BigBasket
BigBasket said it’s using its partnership with Chinese e-commerce giant- Alibaba to improve delivery and logistics.The retailer, which has shifted from dark stores to large warehousing format, has also implemented Alibaba’s bulk storage mechanism to optimize space.
Alibaba planning launch of $15 bn Hong Kong listing for last week of November: Sources
The people declined to be identified due to the sensitivity of the matter.
Alibaba’s Singles’ Day smashes previous records, clocks $38.37 billion in sales
The retail e-commerce giant with a networth of $486 billion has clocked a staggering amount in sales this year. Amidst a trade war with the US, American brands such as Apple, Nike and Estée Lauder included the list of brands that surpassed 100 million Yuan within an hour of the sale on Monday.
Aramco share sale curb rules out overseas listing for at least a year
Final pricing for the IPO is scheduled for Dec. 5.
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