Alibaba, the Chinese tech giant, has pulled in record sales figures. Yet not all is rosy for the firm. In previous years “Singles Day”—a Chinese Black Friday—has been measured in 24-hour frames.…
China Approves Ant Group’s Potentially Massive IPO
China’s securities regulator has approved fintech company Ant Group’s IPO – and paved the way for what will likely be the world’s biggest-ever listing. Ant, backed by current title-holder Alibaba, will seek…