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Ant Group

Super-apps such as Alipay are already plugged into every aspect of daily life in China.

Banking & Finance

Jack Ma-backed Ant Group set for high-stakes overhaul of billion-user Alipay

The company’s impending update reflects a broader trend sweeping the AI arena

Ant Group has been investing in new technologies to tap fresh revenue streams, including large language models and humanoid robots.

Banking & Finance

Ant International considers raising US$1 billion to boost growth

Prospective investors include existing shareholders General Atlantic and Silver Lake, sources say

The fintech company contributed 375 million yuan (S$70.24 million) of profit to Alibaba Group Holding, which owns a third of Ant.

Companies & Markets

Jack Ma-backed Ant’s profit fell 79% on AI, health care costs

Ant has been investing in AI to find new revenue streams

Ant’s Singapore-based international arm brought in US$3 billion of revenue for 2024, paving the way for a potential initial public offering of the unit.

Banking & Finance

Jack Ma-backed Ant’s profit falls 91% on AI spending, fair value

The firm invests in AI to drive a new growth chapter after a regulatory crackdown ended two years ago

The Ant unit that controls Wealthiness and Prosperity holds various investments in the digital brokerage sector.

Companies & Markets

Ant Group secures China nod for Hong Kong brokerage acquisition

The deal is now expected to close on Mar 30, the filing says

The company says its system is designed to reduce administrative burdens and make consultations more efficient, rather than replace doctors.

Global Enterprise

Jack Ma-backed Ant bets on AI health in 480 billion yuan sector race

The move comes with risks in a digital health sector littered with companies that scaled quickly, but struggled to turn a profit

The talks between the Indian government, central bank officials and Ant International, founded by Ant Group and now operating independently, reflect the further warming of ties with China.

Banking & Finance

India in talks to allow Alipay+ to link with instant payment system: sources

The move will ease payments for its tourists, enabling them to use its UPI with merchants in countries that have signed up with the platform

StanChart says that it aims to “set the blueprint” for how commercial banks can help companies move money between traditional bank accounts and modern blockchain networks.

Banking & Finance

StanChart, Ant International launch blockchain-based tokenised deposits in Singdollar, greenback

The new solution demonstrates how businesses can use blockchain technology to make transactions faster, more secure and more efficient

Ant is investing in AI as it seeks a new chapter after the regulatory crackdown that ended about two years ago.

Banking & Finance

Jack Ma-backed Ant’s profit grew 10% after AI, global expansion

The company contributes 2.7 billion yuan of profit to Alibaba Group Holding

Ant Group CTO Dr He Zhengyu is not only an AI evangelist but also a strong advocate for talent development.

Startups & Tech

AI isn’t the rival, the person who masters it is: Ant Group CTO

For those outside the tech sphere who fear being left out, Dr He’s advice is simple: Co-create with AI

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