{"id":5082,"date":"2020-09-28T10:00:23","date_gmt":"2020-09-28T08:00:23","guid":{"rendered":"https:\/\/blog.startups.ch\/en\/?p=5082"},"modified":"2020-08-15T14:05:11","modified_gmt":"2020-08-15T12:05:11","slug":"the-most-valuable-unicorn-in-the-world-is-planning-its-ipo","status":"publish","type":"post","link":"https:\/\/blog.startups.ch\/en\/the-most-valuable-unicorn-in-the-world-is-planning-its-ipo\/","title":{"rendered":"The most valuable unicorn in the world is planning its IPO"},"content":{"rendered":"\n

With\na market value between 150 and 200 billion US dollars, the Chinese financial\ntechnology company Ant-Financial is the most valuable unicorn in the world. Now\nthe subsidiary of the Alibaba Group wants to take the leap to the stock market.<\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n

In\nthe financial world, unicorns are defined as a start-up that is not yet listed\non the stock exchange but already has a market capitalization of over one\nbillion US dollars.<\/p>\n\n\n\n

Most valuable unicorns in the world<\/strong><\/p>\n\n\n\n

To be part one of the most valuable unicorns in the world, a start-up needs a market capitalization of at least 31 billion US dollars. This is exactly the value of SpaceX, the space company founded by Tesla boss Elon Musk, currently ranks 10th among the most valuable unicorns. As well in the top ten are the real estate platform Airbnb, also with a capitalization of 31 billion US dollars, and the e-cigarette manufacturer Juul Labs with a market value of 50 billion US dollars. The most valuable unicorn in the world at the moment is the Chinese financial technology company Ant Financial. The subsidiary of the Alibaba<\/a> Group is valued at 150 to 200 billion US dollars.<\/p>\n\n\n\n

About Ant Financial<\/strong><\/p>\n\n\n\n

Despite its high valuation, the Chinese company Ant Financial is little known in western countries. Ant Financial is a financial technology company that offers numerous financial services. Among the best-known services Ant Financial operates are Alipay<\/a>, the world’s largest platform for mobile and online payments, and Yu’e Bao, one of the world’s largest money market funds. Credit Suisse estimated in 2016 that around 58 percent of online payments in China are be processed via Alipay, making the service the unbeaten market leader. Ant Financial’s repertoire also includes the controversial credit rating system Sesame Credit, which takes social behavior into account when granting credit (Social Credit System).<\/p>\n\n\n\n

Ant Financial goes public<\/strong><\/p>\n\n\n\n

According\nto various reports, the Chinese financial services provider now wants to take\nthe leap to the stock market, but it is still unclear what exactly this will\nlook like. The initial public offering is expected to take place as early as\nautumn this year (September\/October). The Chinese financial news agency Caixin\nalso announced that Ant Financial is aiming for a record sum of 30 billion US\ndollars in the IPO. If it succeeds, it would be the largest IPO in history.\nWhether the plans of the Alibaba Group subsidiary will work out is still\nuncertain, however, because according to reports from the US news agency\nReuters, the Chinese central bank is considering opening an antitrust\ninvestigation against Ant Financial for exploiting market power. In any case,\none should keep an eye on how the (still) most valuable unicorn in the world\nwill develop.<\/p>\n\n\n\n

Do you have any innovative business idea you would like to make come true? Use STARTUPS.CH experts to become self-employed.<\/p>\n\n\n\n\u00bb Blog<\/a>\u00bb Found online<\/a>\n","protected":false},"excerpt":{"rendered":"

With a market value between 150 and 200 billion US dollars, the Chinese financial technology company Ant-Financial is the most valuable unicorn in the world. Now the subsidiary of the Alibaba Group wants to take the leap to the stock market. In the financial world, unicorns are defined as a start-up that is not yet […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[381],"tags":[],"jetpack_publicize_connections":[],"aioseo_notices":[],"views":676,"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p54Pb1-1jY","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts\/5082"}],"collection":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/comments?post=5082"}],"version-history":[{"count":2,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts\/5082\/revisions"}],"predecessor-version":[{"id":5086,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts\/5082\/revisions\/5086"}],"wp:attachment":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/media?parent=5082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/categories?post=5082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/tags?post=5082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}