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Chinese giant Ant Group’s plan to put its online financial businesses into a holding company to satisfy regulators could slash the firm’s valuation, require billions of … Ant has created in China a parallel ecosystem of financial services targeted to ordinary Chinese consumers, the billion-plus “little people” who, until Ant stepped in, had been … Based on traditional price-earnings measures, $150 billion implies a price 71 times Ant’s 2017 pre-tax profits or 85 times its net profits, assuming a tax rate of 16 per cent - the average paid by Alibaba in recent years. Date Amount Raised Post-money Valuation Investors; Series A: Jul 2015: National Social Security Fund (NSSF) Series B: Apr 2016: $4.5 b: $60 b: Primavera Capital Group, China Development Industrial Bank (CDIB), China Investment Corporation, CCB InternationalDebt : Feb 2017: $3 b: Series C: … Yet the melding of finance and tech is attracting regulators’ interest everywhere, and Ant has not been spared the scrutiny. The company, the parent of the Alipay mobile payment service, priced its shares around $10.30 apiece, according to documents released on Monday by stock exchanges in the two cities. This is called the network effect. Ant's biggest and best-known business is Alipay, the biggest player in China's $17 trillion online payments market. The Alibaba online finance spinoff, which offers people in China a one-stop shop for loans, investments and more, will list shares in Hong Kong and Shanghai. Ant, an affiliate of Alibaba Group, is now 50% bigger than Goldman Sachs.Ant’s most recent valuation … Ant Group is funded by 15 investors. Beyond financial services, Ant Financial is expanding to new areas. Ant Group Set to Raise $34 Billion in World’s Biggest I.P.O. Ant Financial, part of the mega-tech group Alibaba (NYSE:BABA), is planning an initial public offering (IPO) in Hong Kong that will value the firm at a massive $200+ billion … Based on reports that large Chinese investors are offering upwards of 69 yuan or … The Chinese government stepped in, halting things on the eve of the IPO. A valuation of over $200 billion would make Ant larger than some of America’s biggest banks including Goldman Sachs and Wells Fargo. Ant expected a valuation of $313 billion. Ant does not disclose actual profits and its pre-tax earnings of 13.2 billion yuan ($2.1 billion) are calculated from disclosures in filings by Alibaba, which is set to become Ant’s one-third owner soon. “The proposed regulation decimates Ant’s valuation to more than 1/2, taking it under $150 billion. Ant Financial Operating Metrics. It … Ant Financial's Alipay holds a near-duopoly in China's digital payments market with Tencent ... and the rumored target valuation of Ant's IPO probably won't significantly change the value … Chan calculated complying with banking rules would drive the valuation of Ant’s consumer lending, wealth management and other non-payment businesses down by as much … Billionaire Jack Ma’s Ant Group is poised to pull off what could be the biggest initial public offering ever by simultaneously listing in Hong Kong and Shanghai. Bloomberg sources say fintech Ant Group (NYSE: BABA) has raised its IPO valuation again to at least $280B, citing strong demand for its dual listings in Shanghai and … “While mainland China remains core, I wouldn’t underestimate the potential upside of their international endeavors.”. It says it handled $17 trillion in digital payments in mainland China during the 12 months that ended in June. as a comparison and valued Ant at $133 billion, equivalent to seven times their estimate for its 2019 sales - in line with the multiple implied by PayPal's share price. They may work this year, but stop working next year, depending on China’s regulations,” said a Hong Kong-based equity analyst with a Japanese asset manager. It will also be about 50 percent more valuable than Wall Street titans Goldman Sachs, Other groups have used alternative means of valuing Ant. APPENDIX. Alibaba itself trades at 43 times last year's profits as does rival Tencent 0700.HK, home of Alipay rival WeChat Pay. The company's platform Alipay has developed from a … Warburg Pincus and The Carlyle Group are the most recent investors. Just two months ago, bankers and investors were tentatively talking of a figure closer to $100 billion. The move to restructure Ant Group’s operations as a financial holdings company comes as “a bit of a surprise for many,” SoFi confirmed.This wasn’t really something that Ant’s … Both are keen to increase their dominance. Analysts at Barclays estimate that online payments accounted for 55 per cent of Ant’s $8.9 billion revenue last year, but they expect that to fall to one-third by 2021 as the company focuses on encouraging its 600 million customers to use more of its other, higher-margin services. Today, the company emphasizes that Alipay is merely the front door through which its users gain access to financial services. According to the sources Ant Financial is currently accelerating plans to list in Hong Kong and mainland China, while company advisers have approached potential buyers of unlisted shares to help clean up its shareholder … They strive to enable all consumers and small businesses to have equal access to financial and other services that are inclusive, green, and sustainable. Barclays analysts this month valued the company at $155 billion, based on multiplying their estimate of Ant’s 2019 net operating profit less adjusted tax (NOPLAT) by what they said was its conservative price/earnings ratio of 28. By late January 2017, Ant Group had a valuation of $60 billion. It will also be about 50 percent more valuable than Wall Street titans Goldman Sachs GS.N and Morgan Stanley MS.N. Our Standards: The Thomson Reuters Trust Principles. Beijing also has a history of unexpected rule changes which can derail business plans. **Cainiao valuation based on valuation … At a valuation of around $150 billion, Ant will trail only the big four state-controlled banks and insurer Ping An among financial-focused firms in China. To put that in context today JP Morgan Chase is worth around $305 billion; Bank of America is valued at $225 billion; and Wells Fargo just $101 billion; so, a … Ant Group and Chinese financial regulators have reached an agreement on the firm’s restructuring plan that will put the fintech giant’s businesses, including food delivery, blockchain, and mobile payments, into a financial holding company, Bloomberg reported on Wednesday, … A 2018 fundraising previously gave Ant Financial an implied value of $150 billion, to make it one of the world’s most highly valued private concerns. Ant … The data also helps Ant and its partner banks determine who is likely to pay them back. Then in 2018, Alibaba bought a 33% stake in Ant Financial. Ant’s status as one of the biggest tech groups in China is also boosting demand. Ant Group is funded by 15 investors. Ant's biggest and best-known business is Alipay, the biggest player in China's $17 trillion online payments market. Formally established in October 2014, Ant … Y, 2015 … Global Users Targeted by Ant Financial mn. It has even changed its name, from Ant Financial to Ant Group, to emphasise that it … Ant Group's $35 billion initial public offering (IPO) is unlikely to suffer from any U.S. restrictions on the Chinese financial technology giant due to its very limited overseas presence, potential investors and analysts said. Trump administration officials are considering curbs on Ant, an affiliate of Chinese e-commerce firm Alibaba , and Tencent <0700.HK> over concerns their … Robert Kapito, co-founder of U.S. asset manager BlackRock, this week described himself as “shocked” at Ant’s likely valuation but many analysts are not blinking. While Alipay holds 54 per cent of the country’s fast-growing mobile payments market, WeChat Pay holds 38.2 per cent, according to Jefferies. Visa and Mastercard — the other two U.S.-listed payment processors in the group — … Ant Financial was created in 2014 to encompass not just Alipay, but Alibaba's bigger push into financial technology. Cryptocurrency … In 2020, the group planned to raise more than $34 billion in what would have been the world’s largest IPO. Ant Group’s valuation is estimated to fall by more than half after the business overhaul. Ant fetched a $280 billion pre-money valuation before its IPO was halted.As part of the overhaul plans, Ant and at least a dozen banks are paring back their years-long cooperation on … Last year, Ant earned $2.7 billion in profit on $18 billion in revenue. The Wall Street … Ant Group aims to create the infrastructure and platform to support the digital transformation of the service industry. Ant Financial's latest valuation is reported to be $200 b. Ant Financial Capital Raised. It is a lender to small businesses, both online and off, that might otherwise be ignored by China’s big state-run banks. Embed Graph. The affiliate of e-commerce giant Alibaba raised $14 billion in … Therefore Cosci is potentially a major rival to both Ant Financial and […] Reply. Y, 2015 Q1, … Ant Financial's Users was reported to be 1.2 b in Nov, 2019. Other groups have used alternative means of valuing Ant. The listing had been expected to confirm Ant’s status as one of the world’s biggest companies by valuation, with an expected market value of … Ant, expected to go public in the next two years, has vowed to reach 2 billion users worldwide in the next decade and it has been investing overseas, buying a stake in Indian payment firm Paytm and Thai financial technology firm Ascend Money, among others. Ant Financial Valuation. What does this mean for Alibaba? That would make it the tenth largest financial firm on Earth by valuation. Alibaba, E-commerce giant holds a 33% stake in Ant Financial In the quarter ending last September, Ant … Alipay has more than 730 million monthly users, more than twice the population of the United States. “Ant has taken a very strategic view of international expansion - with highly-targeted investments, joint ventures, and partnerships across the region,” said James Lloyd, Asia-Pacific Fintech leader at EY. For conservative purpose, 33% is used in calculating Alibaba Group’s economics in Ant Financial here. Ant Group aims to create the infrastructure and platform to support the digital transformation of the service industry. Ant Group Co Ltd is a provider of digital payment and digital financial technology platforms. The revised estimate for Ant … Tan believes that the valuation of Ants could drop 25 to 50 percent if the price-to-book ratio falls from pre-IPO levels to those of top global banks. They strive to enable all consumers and small businesses to have equal access to financial and other services that are inclusive, green, and sustainable. At a valuation of around $150 billion, Ant will trail only the big four state-controlled banks and insurer Ping An among financial-focused firms in China. NOPLAT is often used by analysts to measure companies’ operating efficiency because it strips out the impact of interest payments and other financing costs. 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