Alibaba Group
Search results
Digital Finance. Through our expertise in technology and analytics capacity, we support over 2,000 financial institutions in China to provide inclusive financial services ranging from consumer finance, wealth management and insurance to consumers and SMEs (small and micro-sized enterprises).
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¥ ...
Ant Group is an innovative technology provider that strives to bring the world inclusive, green, and sustainable services.
Ant Group aims to create the infrastructure and platform to support the digital transformation of the service industry. We strive to enable all consumers and small businesses to have equal...
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...
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.
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 8, 2023 · Jack Ma’s Ant Group has launched a share buyback plan that values the fintech giant at nearly 70 per cent below its proposed initial public offering price in 2020.
Nov 4, 2020 · What is the Ant Group? In 2004, Ma’s Alibaba Group, which owned China’s largest online retail platform Alibaba, started to build out a super fast payments platform, which it said would enable its users to make payments easily.
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...
