Ant Financial Ipo Valuation. Just how bright is the future looking. Its new app incorporates local services like food delivery, transport, and medical.
The company shelved the IPO due to regulatory and profitability issues. But its stock never hit the market. Its new app incorporates local services like food delivery, transport, and medical.
Founded by the Alibaba group, it allows individuals and businesses to execute payments online in a secure manner.
How will Ant Financial's IPO affect Alibaba's investors?
Ant Group (Chinese: 蚂蚁金服; pinyin: Mǎyǐ jīn fú), formerly known as Ant Financial and Alipay, is an affiliate company of the Chinese Alibaba Group. : Get the latest Ant Financial stock price and detailed information including news, historical charts and realtime prices. HONG KONG—Ant Group Co., the Chinese financial-technology giant controlled by billionaire Jack Ma, revealed how highly profitable its business 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. Ant Group, the fintech arm of Chinese e-commerce giant Alibaba, plans a Hong Kong float as soon as this year and targets a valuation of more than FILE PHOTO: The logo of Ant Financial Services Group, Alibaba's financial affiliate, is pictured at its headquarters in Hangzhou, Zhejiang province.