Thread by @samsankhe

1/ Which is the world's most valuable #unicorn ?

A: Uber
B: Airbnb
C: SpaceX
D: Ummm ... none of the above

Read on ...

#valuation #privatecompanies #mobilepayments #fintech #ecommerce #strategy #startup #founders #entrepreneur sam33r.com/home/alipay

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