BEAMSTART Logo

Jack Ma's Ant Group is going public; Valued at $200 billion.

Alipay has over 1.3 billion users today.


Jack Ma's Ant Group is going public; Valued at $200 billion. | BEAMSTART News

- From our Sponsors -

One of Jack Ma's companies is about to go public, and it is poised to be the biggest IPO of the year.

China's Ant Group, the parent company behind the popular payments app Alipay, has recently kickstarted the process of a concurrent IPO on both the Hong Kong Stock Exchange and Shanghai Stock Exchange's Star Market.

- Featured Sponsor -

While still at the preliminary stage, bankers are valuing Ant Group at a staggering valuation of $200 billion.

Alipay today has over 1.3 billion users globally.

Alipay today has over 1.3 billion users around the world, and has since expanded from a mere payments app into a comprehensive portal (super-app) providing a huge range of services as well as useful mini-programs.

Alibaba, the largest e-commerce company from China founded by Jack Ma, presently holds 33% of Ant, whose revenues were predominantly generated from technology infrastructure for proprietary financial products.

- From our Sponsors -

Latest Jobs

Digital Marketing Intern

Undrcut Digital Marketing

Singapore

Internship

SGD 1000 — SGD 1500 monthly

Influencer Marketing Associate

Niagahoster

Yogyakarta, Indonesia

Full Time

SGD 400 — SGD 1000 monthly

English Content Writer

Hostinger

Jakarta, Indonesia

Full Time

SGD 300 — SGD 600 monthly

Fund Accountant

Decacorn Capital

Singapore

Full Time

SGD 2500 — SGD 5000 monthly

Investment Analyst

Accial Capital

Singapore

Full Time

SGD 4000 — SGD 6000 monthly

Enterprise Solution Project Manager

Hukumonline.com

Jakarta, Indonesia

Full Time

SGD 2000 — SGD 2100 monthly

Operations Executive

Yojee

Singapore

Full Time

SGD 2800 — SGD 3500 monthly

Site Reliability Engineer

Livit

Singapore

Full Time

SGD 2000 — SGD 3500 monthly

Live Streaming Operator

SIRCLO

Tangerang, Indonesia

Full Time

SGD 800 — SGD 1100 monthly

Mobile Developer

Koltiva

Jakarta, Indonesia

Full Time

SGD 1000 — SGD 1100 monthly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest news, events, and opportunities.

 

Download the Community App

Connect with the BEAMSTART Entrepreneurship Community from the palm of your hands. Connect with CEOs/Founders, Investors, Business Leaders, and Professionals. Download below to instantly form partnerships and discover opportunities:

PlayStore ButtonAppStore Button

© 2016 - 2021 BEAMSTART. All Rights Reserved (Legal).