Ant's South-east Asia ambitions may take backseat to battles at home

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Ant Group might benefit from planting its roots further overseas and tapping a wider network beyond China - especially through branching out into neighbouring countries in South-east Asia.

Although its track record in South-east Asia is debatable, the region is still regarded as a key battleground for the fintech giant. Chinese companies have been seeking to tap the rapid growth in emerging markets here, where the tech ecosystem has yet to reach the level of maturity seen in China.