Markets

Jack Ma’s Ant Group is targeting a record $34 billion IPO. Warren Buffett’s Berkshire Hathaway stands to gain from its public debut

Alibaba cofounder Jack Ma’s Ant Group is gearing up for a record $US34 billion IPO. Ant owns stakes in two financial-technology companies that also count Warren Buffett’s Berkshire Hathaway as an investor. Berkshire and Ant both invested in Brazilian e-commerce group StoneCo when it went public in October 2018. Buffett’s […]
Jack Ma’s Ant Group is targeting a record $34 billion IPO. Warren Buffett’s Berkshire Hathaway stands to gain from its public debut
Markets

Warren Buffett’s Berkshire Hathaway is entering a $1 trillion market in India

Warren Buffett’s Berkshire Hathaway confirmed it is investing in the parent company of Paytm. The transaction is among the first of the company’s investments in India. Buffett said last year India is a “huge, enormous” market with “incredible” potential. Warren Buffett’s Berkshire Hathaway is putting some of its massive cash […]
Warren Buffett’s Berkshire Hathaway is entering a $1 trillion market in India