Alibaba Singles’ Day posts record sales
The 2020 edition roughly doubled sales from the prior year, as Alibaba added several days and additional services to the count. But the...
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Ant IPO by the numbers: it’s bigger than Finland’s GDP
Ant’s IPO puts the company’s valuation at dizzying heights. At about $315b, Ant is worth more than the gross domestic products of Egypt,...
How Ant Group turned into the Alibaba of Chinese finance
Ant's evolution into the Alibaba of finance has been fueled by a desire to claw back customers who began using WeChat more as it...
Ant Group, the Alibaba payment affiliate, files to go public
Once people were using Alipay to stash their cash and pay for online purchases, Ant could begin offering them other kinds of services...
Ant Group plans dual IPOs in Shanghai, Hong Kong, bypassing New York
Ant didn’t give a time frame for its IPOs or a fundraising target, but a person familiar with the matter said the company is aiming for a...
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