Ant Group

A novel idea in 2017, mini programs now account for the vast majority of traffic for some apps.

It’s also looking to expend the services to more than 20 countries and regions by 2020

Its strategy in Europe is focused on Chinese travelers.

It was valued above USD 2.5 billion in the previous fundraising round.

It’s a promising trend ahead of the 2020 Tokyo Olympics.

The Hong Kong Monetary Authority has so far issued 8 virtual banking licenses. Ant Financial, Tencent, Xiaomi, and Ping An each have one.

Sequoia Capital is the most successful unicorn breeder

The platform hopes that one-fifth of the country’s population will be on board within two years.