Chinese fintech and payments giant Ant Group is going to IPO in October. It aims to raise up to US$35 billion in Hong Kong and Shanghai at a US$200 billion valuation or higher. In 2018, it raised US$14 billion in the biggest-ever single fundraising by a private company at a US$150 billion valuation.
So what is Ant Group all about? Should we buy into the hype surrounding Ant Group's IPO? More importantly, is Ant Group a company that's worth looking at? Should we, as investors, be interested in Ant Group?
In this episode, we discuss about Ant Group's upcoming IPO, its growth drivers as well as the risks that Ant Group faces.
