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Technology Stocks : Alibaba Group Holding Limited
BABA 111.96-8.2%Dec 3 4:00 PM EST

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From: Julius Wong8/24/2020 2:28:27 PM
   of 794
 
Jack Ma's $200 billion Chinese fintech firm Ant Group could reportedly go public in October in a monster IPO. Here's how the company went from an ant-sized startup to PayPal rival.

* Ant Group, an affiliate fintech company of Chinese retail behemoth Alibaba, is gearing up to go public with an anticipated $200 billion valuation.
* The company was formed in 2014 to run Alipay, a ubiquitous digital payment service used by millions of Chinese shoppers.
* Here's what we know about Ant Group, whose IPO could catapult the fintech firm past the world's most established financial institutions, like Goldman Sachs.

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