China's Ant juggernaut jackknifes on $37b road to market

China's Ant juggernaut jackknifes on $37b road to market

Jack Ma. Photographer: Qilai Shen/Bloomberg

With more than 730 million monthly users in China on its Alipay app and a growing role linking lenders and borrowers, Ant Group had appeared unstoppable as it marched towards the world’s largest stock market debut this week.