As one of the world’s most valuable private companies prepares to list, we take a look at who will benefit most from its IPO.
Alipay office in Shanghai. Credit: Andy Feng, Shutterstock
Ant Group, valued at $150 billion in 2018, is considered one of the world’s most valuable private companies. The company, which recently released its IPO prospectus, will dual-list on the Hong Kong Stock Exchange and the Shanghai STAR Market this month or next, and its IPO is likely to be the biggest in history, topping the offerings of Saudi Aramco and Ant’s own parent, Alibaba.
This week, we take a look at how Ant Group stacks up against global payments and financial companies, who cont
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