Jack ma gives up control of the Ant group
$BABA just keeps on looking better. Let me explain why.
First off $BABA owns a 33% stake (1/3) in the Ant group.
$BABA just keeps on looking better. Let me explain why.
First off $BABA owns a 33% stake (1/3) in the Ant group.
To me it looks like Jack Ma is getting out of the way in order to make room for an IPO.
The economical interest remains the same but voting rights are structured differently which is very important here.
The economical interest remains the same but voting rights are structured differently which is very important here.
The Ant group has worked tirelessly since the 2020 failed IPO to abide by the regulators stipulations.
Barriers were created between the different business segments.
Barriers were created between the different business segments.
During the first IPO attempt, valuations reached ~$300b.
I would expect the valuation to be lower given the state of the economy but the business itself had time to mature too.
I would expect the valuation to be lower given the state of the economy but the business itself had time to mature too.
$BABA has a current market cap of $284b.
The 1/3 stake at the IPO valuation from 2020 would mean a 35% value increase for $BABA.
A major win if it unfolds. Something not yet reflected by the asset in my view.
The 1/3 stake at the IPO valuation from 2020 would mean a 35% value increase for $BABA.
A major win if it unfolds. Something not yet reflected by the asset in my view.
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