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Ant Group - Wikipedia
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 Financial's $150 billion valuation, and the big recent bump-up
HONG KONG (Reuters) - Ant Financial's rapid climb to become the world's biggest super unicorn valued by some investors at around $150 billion showcases investor enthusiasm for the biggest...
China Hits Ant Group with $985 Million Fine - The New York Times
July 7, 2023. The Chinese authorities announced a fine of nearly $1 billion for the financial technology firm Ant Group on Friday, nearly three years after regulators halted the company’s plan...
Ant Group - Home
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).
The transformation of Ant Financial
It has even changed its name, from Ant Financial to Ant Group, to emphasise that it is a tech, rather than a financial services, company. Ant earned Rmb18bn ($2.6bn) in net profit on Rmb120.6bn in ...
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