However, with the listing of Ant, ATM may really be recognized by everyone. After all, the value of Ant with a valuation of more than US$200 billion, once listed, may have a market value of more than 2 trillion, and it is truly ranked third, second only to Ali and Tencent. Now, it will surpass Meituan, Pinduoduo, Xiaomi, and JD.com, the real giants.
In addition, from the perspective of revenue, Ant’s revenue in the first half of the year was 72.528 billion yuan. Among the listed Internet companies, this revenue is second only to Ali’s 153.751 billion yuan, Tencent’s 222.948 billion yuan, and Xiaomi’s 103.2 billion yuan.
So once Ant is listed, it is really logical to replace BAT with ATM, and it makes sense no matter how you look at it.