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A Path to Forever Financial Freedom

2 years ago

A Path to Forever Financial Freedom
China Top 10 Unicorns with valuation.Bytedance takes first place with over $420b in valuation, surpassing Alibaba which sits today at a market cap of around $300b.In second place is Ant Financials, which today commands half the pre-IPO valuation at $150b. This is a haircut in valuation from the deal they got during the IPO exercise which commanded over $300b in valuation.In third place is Ali Cloud, a gem in the making for Baba for the next few years to come, slated to grow at 30-40% year on year for the next five years. Baba cloud also commands top spot in market share in China with over 37% market share beating the rest with the likes of Tencent Cloud, Baidu cloud.Jd Technology came in fourth – this fintech unit of JD.com is working on a Hongkong listing this year as part of value unlocking for the parent group.Cainiao Network, which came in fifth is also known as China Smart Logistics Network is a Chinese logistics company owned by Alibaba Group. If you had ordered through Taobao or Lazada, you would notice that your package is likely to come delivered via the Cainiao Network.If you want to check the rest of the other 50 unicorns (even Hey Tea is inside), you can refer to the link here. docs.google.com/spreadsheets/u/0/d/18i1q799-LWt5HF4qJj4_ZdT_oZRwMSt3JRuE9b8TS9s/htmlview#gid=2146… … See MoreSee Less

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