Canceled Ant Group Ipo Robs Jack Ma Of 3 Billion
Ma, of course, is the founder of the e-commerce giant Alibaba, which itself was the holder of the title of the biggest IPO ever when it went public in 2014. Saudi Aramco knocked Alibaba off its perch when it went public in December 2019. Ant Group was expected to raise $35 billion during its IPO. The excitement was running high for Ant’s IPO. It had at least $3 trillion in orders for its dual listing....