Warburg, which was a big investor in Ant's 2018 private fundraising, reportedly lowered the company's valuation to $191 billion at end-September from the $224 billion at end-June
Paytm's IPO was India's biggest ever. Some analysts say it flopped because it was overvalued and has a flawed business model
Group, which owns a $175 billion minority stake in Tencent, posted an 8% rise in first-half trading profit to $2.9bn as revenue rose rapidly in its overall portfolio
Limits on social interactions and dining out to be expanded to five people from the current rule of up to two vaccinated people
Paytm stock lists on NSE at Rs1,950 ($26.28) against its issue price of Rs2150 ($28.98) apiece before crashing
China has very limited social services and thus it’s too early to say whether it will someday be one of the world's leading powers
Total exports in October rose by 22.7% year-on-year, following the previous month’s 18.6% growth, while total imports grew by 25.6% after an 18.7% expansion in September
Blockchain-focused ETFs are being buoyed by a boom in crypto assets, abundant liquidity, and rising inflation.
Further investors are expected to join in the fundraising, which comes ahead of a planned public listing by the 'superapp' next year
Asian manufacturers are looking past supply chain issues, recognising resilient demand, says expert at DBS
Latest move counters rival, all-cash offer by Cuscaden Peak consortium, majority owned by companies linked to state fund Temasek
The Paytm IPO aims to raise $2.46 billion with shares price at $28-$29, valuing the company at close to $19 billion