The race to be China’s leading fintech platform: Ant vs Tencent

The race to be China’s leading fintech platform: Ant vs Tencent

As Ant Group takes the world’s attention with its record going public, which was suddenly cancelled by Beijing, investors and analysts are reviewing Tencent’s fintech interests, recognized as Ant’s archrival in China. It’s rather made complex to do this, not least since they are stretched across a variety of Tencent properties and, unlike Ant, […] Ant refuted the comparison with Tencent or anybody else. Screenshots of the Alipay app. We have pulled together estimates of Tencent’s fintech services ourselves utilizing a mix of quarterly reports and third-party research study– a mark of how un-transparent some of this truly is– but it pleads some interesting questions. Ant vs. Tencent’s fintech services. …