2/ At $150bn valuation @AntFinancial Services Group, which was spun out from #Alibaba in 2014, and one which owns China’s biggest payments app, #Alipay, is the biggest #unicorn in the world.
3/ Drivers of Ant Financial's $150bn valuation:
1: Size of #mobilepayments market in #China : ($13 trillion - 61.8% transactions globally)
2: Growth
3: 700 MM smartphone users
4: 76% of of those made a mobile PoS purchase in 2017
5: Penetration: street vendors accept m-payments
4/ Drivers of Ant Financial's $150bn valuation:
6: e-commerce growth
7: Duopoly of the market with #WeChatPay
8: Growing international presence: #India#Philippines#Thailand#SouthKorea
9: 520 million users
10: More than 100 million transactions per day
5/ Drivers of Ant Financial's $150bn valuation:
11: Owns Yu’ebao, China’s largest money-market fund: >200 MM users & manages >$170bn assets
12: Vast user data - through other parts of consumer's social life.
13: Active at 170K merchant points in America
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5: Create/acquire the newer products.
6: Continue growth momentum by putting those new products through the distribution pipes already created.
7: Grow to monstrous size.
If your someone else is building the distribution network with awesome #CustomerExperience in your space then be very scared - Ask the Hollywood studios about Netflix and Amazon Prime