"This could be the biggest IPO in history, valued between $200bn-$300bn. The main point is this: Ant goes way beyond a simple payments company. While Alipay is still its largest segment, it doubles as a highly efficient funnel into lending, investment and insurance businesses. A look at the relative growth rates of these segments really paints the picture of a massive financial & tech conglomerate, with exposure to the fastest growing middle (and upper) class on earth." Autonomous.
This Ant is huge.
"This could be the biggest IPO in history, valued between $200bn-$300bn. The main point is this: Ant goes way beyond a simple payments company. While Alipay is still its largest segment, it doubles as a highly efficient funnel into lending, investment and insurance businesses. A look at the relative growth rates of these segments really paints the picture of a massive financial & tech conglomerate, with exposure to the fastest growing middle (and upper) class on earth." Autonomous.
This Ant is huge.