Report: Alibaba’s Ant Group Plans Hong Kong IPO At $200B+
PYMNTS
JULY 8, 2020
Based in Hangzhou, China, the company operates Alipay, an online payment service that debuted in 2004 and has evolved into the world’s largest payment and lifestyle platform, the company said. In January, Ant began discussions with banks to resurrect plans for an IPO that was shelved over a year ago due to regulatory and profitability issues.
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