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Ant Group traces its roots back to Alipay, which was established in 2004 to create trust between online sellers and buyers. Over the years, Ant Group has grown to become one of the world's leading open Internet platforms.
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.
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...
May 6, 2024 · Ant Group Launches Partnership on International Consumer Friendly Zones Program in China, Partnering With Global E-wallets, Card Organizations
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...
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.
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 27, 2021 · Chinese tech giant Ant Group was set to sell shares worth about $34.4bn (£26.5bn) before it was abruptly halted. The listings in Shanghai and Hong Kong would have been the biggest stock market...
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.
