Inside Ant Group’s Giant Valuation: One Billion Alipay Users and Big Profit Margins

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The owner of the popular payments and lifestyle app Alipay filed listing documents for IPOs on stock exchanges in Shanghai and Hong Kong, publicly disclosing for the first time detailed financial data showing the size and scale of its business

HONG KONG—Ant Group Co., the Chinese financial-technology giant controlled by billionaire Jack Ma, revealed how highly profitable its business has been as it gears up for what is likely to be a record-breaking initial public offering.

The owner of the popular payments and lifestyle app Alipay on Tuesday filed listing documents for IPOs on stock exchanges in Shanghai and Hong Kong, publicly disclosing for the first time detailed financial data showing the size and scale of its business.

 

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QR Codes are the solution as it helps things go easier and faster.

Don't trust the information from Chinese Communist Party.

Oh god. Can’t wait to take a look at the financial data. Completely comfortable with ownership percentages and control of the company - totally legit parties!

This should get banned in the US under privacy concerns of user data. Use PayPay instead by Softbank in Japan

Rule Britannia money. Fucking chinks. We hong dong. You don't get none. Aqui triago los clavos para vahar lo que te dihe que eva vahar. Eres tu nomas un taburete para mis pies. Ensema meh quedo. No vas a respirar.

TheStalwart thoughts?

Liberal Logic....They are angry about what their cops trained by their programs did to their people so they destroy their cities and hope Trump will get the blame.

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