
HONG KONG -- Ant Group, the fintech affiliate of Chinese ecommerce titan Alibaba Group Holding, said on Monday that it will seek an initial public offering in Shanghai and Hong Kong. The Hangzhou-based fintech firm, valued at least $200 billion, aims to sell 10% of its shares through the dual listing, the Nikkei Asian Review has learned.
Here are five things to know about the company ahead of its planned IPO: