Jonny Fry Posted

ANT a potential Chinese world beater in payments and Blockchain among others

2 min video looking under the hood at ANT Group as it looks to IPO


Reuters are claiming ANT Group (ANT), the Chinese Fintech firm and on -line shopping conglomerate, is to be the worlds’ biggest IPO which is correct in terms of amount raised at $35 billion but not in terms of creating the biggest company as this accolade goes to was Saudis ARAMCO.

ARAMCO raised $25 billion and capitalised the business at $2 trillion but then they do own a lot of oil and at a cost of production of...