All About Ant Group, the Next Big Tech I.P.O.
▻https://www.nytimes.com/2020/10/26/technology/ant-group-ipo-explained.html?campaign_id=158&emc=edit_ot_20201027&instance_
The tech giant’s coming share sale will be among the largest ever. But the company has made most of its impact in just one country : China. One of China’s most influential tech companies, the internet finance titan Ant Group, is poised to raise a boatload of cash by selling shares. The sale puts another stamp on China’s importance as a digital powerhouse. But it also shows how the tech world is fracturing. The company could be worth more than many global banks after its share sale, yet its (...)
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