The Business Times

Ant Group

Companies & Markets

Ant digital arm puts 60 billion yuan energy assets on its blockchain

Ant revamped its business model and undertook an organisational overhaul after a Chinese regulatory crackdown that followed its aborted listing in 2020.
Companies & Markets

Jack Ma-backed Ant’s profit dives 60% after AI, global expansion

Ant processed more than US$1 trillion of global transactions last year, a third of which were handled by its blockchain.
Banking & Finance

Jack Ma-backed Ant to add Circle’s stablecoin to global net: sources

Overseas, the Ant International arm established an independent board, setting the stage for a spinoff and potential IPO.
Banking & Finance

Ant unit to seek stablecoin permits in Hong Kong, Singapore: sources

FILE PHOTO: Ant Group sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/File Photo
Telcos, Media & Tech

Jack Ma-backed Ant’s profit fell 31% on AI, new business costs

FILE PHOTO: Ant Group sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/File Photo
Companies & Markets

China's Ant Group to sell 4% stake in India's Paytm for US$242 million

Ant was founded by billionaire Jack Ma and is 33 per cent controlled by Alibaba. It operates China’s ubiquitous mobile payments app Alipay.
Companies & Markets

China’s Ant plans to list overseas unit in Hong Kong: report

Ant agreed to buy a 50.55 per cent stake in Bright Smart.
Banking & Finance

Ant Group enters brokerage business with HK$2.81 billion Bright Smart buy

Ant has been working on ways to train LLMs more efficiently and eliminate that constraint.
Telcos, Media & Tech

Jack Ma-backed Ant touts AI breakthrough built on Chinese chips

Ant Group attributed the sizeable profit to a net investment gain, versus a loss from such activity the previous year.
Banking & Finance

Ant Group’s profit rises with Jack Ma back in the public eye

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