Tag Archive : supermarket

/ supermarket

When Jack Ma launched an obscure payment service to boost his online shopping empire 16 years ago, few expected it to succeed. Now that service forms the backbone of Ant Group, a financial behemoth that could be worth more than $200 billion.



graphical user interface: People visit the INCLUSION Fintech Conference organized by Ant Group and Alipay at Expo Area on September 24, 2020 in Shanghai, China. (Photo by VCG via Getty Images)


© VCG/Visual China Group/VCG via Getty Images
People visit the INCLUSION Fintech Conference organized by Ant Group and Alipay at Expo Area on September 24, 2020 in Shanghai, China. (Photo by VCG via Getty Images)

Named after a bug because of its founder’s belief that “small is beautiful, small is powerful,” Ant Group is anything but tiny in China. It’s gearing up for a highly anticipated public offering in Hong Kong and Shanghai that could mark the second time Ma sets a record for the biggest IPO ever.

Loading...

Load Error

“Ant Group really is the crown jewel of Jack Ma and … of China’s internet industry,” said Edith

Read More