Ant Group is the operator of China’s most used third-party mobile payments app Alipay. Photo: Getty Images
Jack Ma’s Ant Group files plans for dual listing in Hong Kong and Shanghai, showcasing profitable business
- Investors get a glimpse at Ant Group’s size: 711 million monthly active users of Alipay, 1 billion annual active users, 38 per cent rise in first-half revenue and an eightfold jump in pre-tax profit
- Jack Ma, founder of Alibaba Group Holding, will donate 611,337,334 shares of Ant Group to charitable causes
Follow your favourite topic and get notified
Ant Group is the operator of China’s most used third-party mobile payments app Alipay. Photo: Getty Images