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3 years ago

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Ant's Botched IPO (Part 3): The Regulators Performed A Radical Value-Ectomy

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Ant's Botched IPO (Part 3): The Regulators Performed A Radical Value-Ectomy

The Ant Group wants to be seen as a Tech company -- but China's regulators see it as a Bank. This means a de-valuation - perhaps by as much as 50% - which derailed the company's IPO. Ant will end up divesting its powerful consumer credit business.

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Ant's Botched IPO (Part 3): The Regulators Performed A Radical Value-Ectomy

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Ant's Botched IPO (Part 3): The Regulators Performed A Radical Value-Ectomy

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