Ant Group Buys Land in Shanghai, Eyes Restart of IPO
The official website of the Shanghai Land Exchange Market showed on September 1 that Yuyuan Inc., which is owned by Chinese conglomerate Fosun, and Alibaba‘s financial services arm Ant Group, have won the rights to a plot of land called “Fuyou” in Shanghai’s Huangpu District. Analysts have suggested that the move may indicate Alibaba …
Keep reading with a 7-day free trial
Subscribe to Pandaily to keep reading this post and get 7 days of free access to the full post archives.