Future of Money: Ant Group’s upcoming IPO and the global battle for electronic payments
Ant Group’s IPO could beat the record set by SaudiAramco’s $29.4 billion landmark IPO in late 2019. But whereas Saudi Aramco is struck in a sunset industry with little growth potential over the long term, Ant Group is spearheading a business and technology revolution with far reaching consequences for China and for the rest of the world.