Recently, the Alibaba announced the fourth quarter of the 2018 fiscal year (January 1, 2018 - March 31st) (Note: the Alibaba fiscal year is not in sync with the natural year, from April 1st every year to the end of second years in March 31st) and the annual earnings. Among them, the ant gold suit has two core data: one is the Alipay global active users 870 million households; the other is a gold ant serving a single quarter loss of nearly 720 million yuan ($114 million). Interestingly, one side is a single quarter loss this year, while on the other hand, the profit of ant gold in fiscal 2018 is still up 65% year on year, and the profitability is still good. For the first quarter of the loss, there is a saying in the bookshop that this is the strategic loss that ants choose to choose before IPO. However, this statement has not been officially confirmed, and the ant gold service has not responded to this question. The number of global service users of Alipays growth and expansion of the global Alibaba group are inseparable, judging from the results, the Alibaba and the international cross-border retail business steady growth. In the 2018 fiscal year, Alibaba realized revenue of 250 billion 266 million yuan, an increase of 58% over the same period last year, the highest growth rate since IPO. Among them, Alibabas international business retail business revenue increased by 94% over the same period last year. This is mainly driven by the growth of Alibabas Southeast Asian e-commerce platform Lazada and its global retail market platform Ali? Express. The results showed that the net loss in the first quarter of the 2018 fiscal year and the ant gold clothing continued to be invested heavily in the first quarter of the year, thus realizing the strong access and participation of the users. Public information shows that in the past quarter, ant gold clothing invested a new round of financing for the mushroom rental and the harrows 1 billion dollar ride. The strategy invested fast parking and Jia Dus data. Ant gold clothes were also involved in the Alibaba acquisition, and the investment sharing platform ofo. In addition, a considerable portion of the companys money should be spent on overseas investment. The Securities Daily reporter found that in the process of globalization, ants chose to choose the model of ship out of the sea by exporting its own technology and business model in China to local cooperation partners to help the host country to develop localization. The electronic wallet, in the southeast along the The Belt and Road has landed 9 local wallet. The reporter found that in the past fiscal year, the ant gold clothing continued to increase its investment in independent innovation. The underlying technologies, such as payment and wind control, were fully developed by ant gold clothing and master the core intellectual property rights, and the strategic layout of the block chain and other technologies. CICC chief Internet industry analyst Wu Yue pointed out that in the rising period of the ant gold suit and Alipay is bound to consolidate the advantages of sustainable business investment, the foundation for future growth. With the Alibabas new retail, globalization strategy and ant gold clothing in the global and scientific and technological layout to achieve a comprehensive synergy, the long-term sustained growth of ant gold clothing is becoming more and more optimistic. The latest investment bank research reports show that the valuation of ant gold clothing has reached at least $150 billion. Barclays Bank of investment bank recently raised its valuation of ant gold clothing from $106 billion to $155 billion, up by 46.23%. In addition, the domestic credit securities offered a valuation of $160 billion for ants. However, whether the loss in the first quarter will affect the Pre-IPO financing or even the next listing is still unknown. Source: Securities Daily editor: Bai Xin _NT4464 The latest investment bank research reports show that the valuation of ant gold clothing has reached at least $150 billion. Barclays Bank of investment bank recently raised its valuation of ant gold clothing from $106 billion to $155 billion, up by 46.23%. In addition, the domestic credit securities offered a valuation of $160 billion for ants. However, whether the loss in the first quarter will affect the Pre-IPO financing or even the next listing is still unknown.