Tagged: pre-ipo

Brief: Alibaba Affiliate Ant Financial Announces Second Pre-IPO Funding Round

On Monday, Alibaba’s financial affiliate Ant Financial announced that it is planning to launch a second pre-IPO funding round. According to Wall Street Journal, A spokeswoman for Ant Financial, stated that the company currently doesn’t have a timetable for an initial public offering. She declined to give… Read More

Who Will Be ‘The’ Venture Exchange? Nasdaq Acquires SecondMarket, Leader In Secondary Trading Market

Before Facebook’s IPO, there was SecondMarket: a leader in the secondary trading market, which enables repurchases of shares in private companies. SecondMarket’s platform saw over $1.4 billion worth of transactions in 2014–quadruple the volume of its transactions in 2013.  And today (Oct. 22), Nasdaq announced it had acquired… Read More

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