Some of Ant Group’s global investors have valued the Chinese fintech firm at over $200 billion based on its 2020 performance, said people with knowledge of the matter, offering a more sober estimate after the shelving of its IPO and forced restructuring.
The number is about a third above Ant‘s valuation after its last fundraising in 2018 when it emerged as the world’s most-valuable unlisted tech firm, yet is far below the $315 billion it touted for what was set to be the world’s largest IPO.
