Ant Group, the parent company of the payment app Ali Pay, has raised $34 billion making it the largest IPO in history! It beat the previous record held by Saudi Arabia’s Aramco that raised $29.4 billion in 2019. As notable is the fact, the listing was in the Hong Kong Stock Exchange and Shanghai’s Star Market! More here: https://www.cnn.com/2020/10/26/tech/ant-ipo-pricing-hnk-intl/index.html
Ali Pay largest IPO in history
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