Alibaba scraps Cainiao IPO plans, proposes acquisition: 'Poor market conditions'
China’s e-commerce pioneer Alibaba Group Holding Ltd. decided to postpone the transaction because of poor market conditions.
Source: hindustantimes.com
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Alibaba calls off $1 billion IPO for Cainiao amid market slump
Alibaba, which is China’s e-commerce pioneer, has decided to postpone the transaction because of poor market conditions, sources told Bloomberg
Source: livemint.com
Courier J&T Global Wins HKEX Nod for $500 Million IPO, Sources Say
(Bloomberg) -- Courier company J&T Global Express Ltd. has received approval from the Hong Kong stock exchange for an initial public offering that could raise about $500 million, according to people familiar with the matter.Most Read from BloombergPakistan Rupee Set to Become Top Performing Currency Globally Biden Impeachment Hearing Heavy on Politics, Light on SubstanceUAW Aims For At Least 30% Wage Bump to Woo New Members‘Fortnite’ Maker Epic Games Is Cutting About 16% of StaffElon Musk Wins U
Source: yahoo.com