Still one app to rule them all? Crucial to the successful restarting of its IPO process will be Ant’s ability to preserve its Alipay super app. In October 2021, various media reported that the ...
The latter IPO was the world’s largest ever at the ... were founded in 2010 and 2009 respectively. Additionally, Alipay and Tenpay benefited from the relative homogeneity of the China market ...
Ant, owner of the widely used digital-payment platform Alipay, saw Beijing shut down its ... among others. Before its IPO plans were derailed, the company was highly profitable, saying in a ...
WSJ explains how Ant's backbone service, Alipay, has revolutionized payments and investing in China. Photo Composite: Crystal Tai Some days the high-speed news cycle can bring more questions than ...
after Ma gave a rare public speech at the 20th anniversary of Ant's mobile payments platform Alipay in Hangzhou, capital of eastern Zhejiang province, saying he had faith in the "next 20 years of Ant" ...
However, with an IPO on the horizon (Alipay is the world’s second richest private technology company, behind Uber) prospective shareholder ambition may cause Alipay to give a second thought to ...
Ant's IPO prospectus filed in 2020 showed Ma has ... More than 90% of Chinese consumers regularly use AliPay. Ma has had full control over Ant since he separated its precursor assets from Alibaba ...