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Ant Group is an innovative technology provider that strives to bring the world inclusive, green, and sustainable services.
Ant Group (Chinese: 蚂蚁集团; pinyin: Mǎyǐ jítuán), formerly known as Ant Financial, is an affiliate company of the Chinese conglomerate Alibaba Group. The group owns the world's largest mobile (digital) payment platform Alipay , which serves over 1.3 billion users and 80 million merchants, with total payment volume (TPV) reaching CN¥ ...
A one-stop digital payment and financial services platform for SMEs in Asia and beyond engaged in global or cross-border trade through one World Account.
Ant Group focuses on developing AI for industrial use, accumulating solid data and security technologies in large-scale application of AI. This includes financial-grade security and trustworthy technology foundations, as well as distributed technology systems capable of supporting massive data and high-concurrency use cases.
Apr 4, 2024 · When Chinese regulators torpedoed the $37bn listing of Ant Group in 2020 to rein in billionaire entrepreneur Jack Ma’s financial empire, the future of his lending and payments business was thrown...
Nov 4, 2020 · China has suspended the $37bn listing of Ant Group, which had been set to become the world’s largest IPO, one day after regulators had grilled Jack Ma, who founded the company.
Jan 6, 2023 · Ant Group said in an announcement on Saturday that Mr. Ma would no longer be the “control person” who holds 34 percent of the company’s shares. Instead, he would be one of 10 major shareholders.
Jul 26, 2023 · Almost three years ago, Chinese regulators torpedoed what would have been a record initial public offering by financial technology giant Ant Group Co., sending shock waves across global capital...
China has forced a sweeping restructure on the Ant Group so the financial technology firm acts more like a bank.
Jul 7, 2023 · HONG KONG, July 7 (Reuters) - Chinese authorities announced on Friday a 7.12 billion yuan ($984 million) fine for Ant Group, ending a years-long regulatory overhaul of the fintech company and...
