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Ant Group
From Wikipedia, the free encyclopedia Ant Group is a technology company that supports digital transformation of the service industry. The digital platforms provided by the company enable individual customer and small business to have equal and easy access to financial and other type of services that are inclusive, green, and sustainable.

Ant Group is the world's highest-valued FinTech company and one of the most valuable unicorn company. The company is founded in October 16, 2014 by Jack Ma who is also the founder of Alibaba, the biggest technology company in China. The company has a number of products, including AliPay, HuaBei (Ant Credit Pay), JieBei (Ant Cash Now), and etc.



Technology
Ant Group is an innovative company that has applied many modern technologies in its current product lines to provide customer with better experience. The technology they invested include blockchain, loT, Database, Artificial Intelligence (AI), and security technology.

With Blockchain technology, Ant Group improves the efficiency of value transfer and multilateral collaboration. AntChain, our self-created money related evaluation consortium blockchain stage, stands apart among worldwide friends for its exhibition, unwavering quality, and security. In particular, it can uphold an astounding 1 billion exchanges for up to 1 billion records for every day. The stage positions first on the planet by the quantities of patent applications and licenses.

loT is one of the most important technological strategies for Ant Group. They leverage internet of things to improve the company's financial service quality. The application of loT include unattended monitoring, contactless payment, smart stores, and smart travel.

Database has became an important factor for company to develop and improve the customer experience. For Ant Group, they solved many world-class problems through continuous exploration. Artificial Intelligence is also an important technological strategies for Ant Group. They have developed a number of world-leading technologies, such as machine learning, image recognition, facial recognition, and natural language processing (NLP).

IPO in 2020
Ant Group, a subsidiary under Alibaba, the biggest technology companies in China, has launched its initial public offering (IPO) for $30 billion dollars later this year. Saudi Aramco, Saudi Arabia's oil company, has raise the fundraising for Ant Group for around $29.4 billion early this year. If Ant Group can successfully launch its IPO, this will the largest initial public offering in history.

Below is the financial information of Ant Group:

External Link References
1. https://markets.businessinsider.com/news/stocks/ant-group-ipo-personally-halted-china-xi-jinping-jack-wsj-2020-11-1029800224

2.https://www.cnbc.com/2020/11/14/why-the-ant-group-ipo-wont-happen-for-at-least-six-months.html

3.https://www.investopedia.com/terms/b/blockchain.asp

4.https://internetofthingsagenda.techtarget.com/definition/Internet-of-Things-IoT

5.https://www.worldremit.com/en/stories/story/2020/02/22/alipay

6.https://www.forbes.com/companies/alibaba-group/?sh=4599c3e619f5

