Monthly Analysis: Under The Skin Of Ant

July 1, 2019

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MONTHLY ANALYSIS

 

Growth Story of Ant Financial

When Jack Ma started in 1999 to create a Yellow Pages website to find and sell Chinese products, he couldn’t possibly have known what shape his business will take in 15 years. In 2014, Alibaba became the world’s center of attention with its IPO offering, which happens to be the biggest IPO ever. Now, with more than 480 billion in market cap and over 636 million customers (online shopping properties), Alibaba is an exceptional business story and one of the most valuable Chinese companies in the world.

In August 2017, Alibaba (NYSE: BABA) became the ...

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