🧧 AntGroup bigger than Aramco raises $34 billion in world’s largest IPO

Andrew Cheung
Oct 27, 2020
Ant Group, Jack Ma. credit: WJS

👇🏻 Here’s what you need to know

1️⃣ Ant is the financial technology company affiliated with Chinese e-commerce group Alibaba

2️⃣ Alipay had 731 million monthly active users as of September and handled 118 trillion yuan ($17.7 trillion) in payments in the 12 months through June.

3️⃣ Revenue for the nine months ended in September rose about 43% to 118.2 billion yuan ($17.7 billion)

Want to learn more about Ant Group? Watch the video by WJS below

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Andrew Cheung

AI Consultant & Product Manager | Specialising in AI Strategy & transformation | Enhancing Business and User Journeys