In this podcast, Jeffrey Towson discusses how digital economics can impact well-established competitive advantages like economies of scale. He argues that digital economics can create new competitive advantages, but it can also destroy old ones. For example, he cites the example of Amazon, which has been able to achieve economies of scale by using digital technologies to automate its warehouses and distribution network.
Ant Financial is a Chinese financial technology company that provides a variety of financial services, including payments, lending, and insurance. Ant has revolutionized finance in China by providing convenient, affordable, and accessible financial services to millions of people. Ant is facing challenges from regulatory scrutiny and competition from other tech giants, but it is well-positioned to continue to grow and disrupt the financial services industry.
In this podcast, Jeffrey Towson discusses how big Ant Financial, the financial arm of Alibaba, could become. He considers factors such as its current size, its growth rate, and its plans for expansion. For example, Ant Financial is already the world’s largest mobile payments company, and it is growing at a rapid pace.