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Tag: sources

Sources, Retail News, ET Retail

New Delhi, Digital payments major Paytm is looking at raising another round of funding of USD 1 billion, and is in discussion with multiple investors, including former UK Prime Minister David Cameron, according to sources. Sources close to the development said the discussions are on and might take a few weeks to get finalised. They …

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Alibaba will raise up to $12.9 bln in Hong Kong listing -sources, Retail News, ET Retail

By Scott Murdoch HONG KONG, – Chinese e-commerce giant Alibaba will raise up to $12.9 billion in its Hong Kong secondary listing, pricing its shares at a 2.8% discount to their last closing price in New York, two sources with direct knowledge of the matter said. The company has given guidance to prospective institutional investors …

Alibaba will raise up to $12.9 bln in Hong Kong listing -sources, Retail News, ET RetailRead More

Alibaba to resume Hong Kong listing plans as soon as November -sources, Retail News, ET Retail

By Julie Zhu and Joshua Franklin HONG KONG/NEW YORK, – Alibaba Group Holding Ltd is eyeing a listing in Hong Kong as early as November to raise up to $15 billion, after political unrest put the move on ice earlier this year, people familiar with the matter said on Wednesday. Alibaba’s listing would boost Hong …

Alibaba to resume Hong Kong listing plans as soon as November -sources, Retail News, ET RetailRead More