Successor to | Ant Financial |
Predecessor of | Alipay |
Start Date | 2014-00-00 |
Notes | Ant's parent company Alibaba (BABA) -- also co-founded by Ma -- was valued at $168 billion when it went public on the New York Stock Exchange in 2014. It's now worth more than $445 billion. Best known for its mobile payment platform Alipay, Ant Financial is battling Tencent's (TCEHY) WeChat Pay to be the platform of choice for hundreds of millions of Chinese shoppers. |