“If banks do not change, let’s change the banks” - this is what Jack Ma said at the China Entrepreneur Summit in 2008.
Today, Ant Group, which owns Alipay, has 1B users and handled $18B transactions last year, targeting a valuation of $313B, to be the biggest IPO in history. So how did they get started? And what made them so successful? This is the founding story of Ant Group.
In this video, you will learn:
0:00 overview of Alibaba and Alipay
0:57 Chapter 1: 2003 - 2010: success in the web online payment.
5:09 Chapter 2: 2009 - present: success in the mobile payment
8:48 Chapter 3: 2010 - present: success in SMB and consumer credit and loan businesses.
13:32 Success factor 1: favorable external environment
14:27 Success factor 2: technology
15:37 Success factor 3: growth mindset
Today, Ant Group, which owns Alipay, has 1B users and handled $18B transactions last year, targeting a valuation of $313B, to be the biggest IPO in history. So how did they get started? And what made them so successful? This is the founding story of Ant Group.
In this video, you will learn:
0:00 overview of Alibaba and Alipay
0:57 Chapter 1: 2003 - 2010: success in the web online payment.
5:09 Chapter 2: 2009 - present: success in the mobile payment
8:48 Chapter 3: 2010 - present: success in SMB and consumer credit and loan businesses.
13:32 Success factor 1: favorable external environment
14:27 Success factor 2: technology
15:37 Success factor 3: growth mindset
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- E commerce Divers
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