Ant Group - Asia Tech Wire

Ant Group

2024.12.26

10:55

Ant Group: Donate another 100 million yuan to plant trees in Hebei

Recently, the Hebei Provincial Forestry and Grassland Bureau signed an agreement with Ant Group, whereby Ant Group will donate another 100 million yuan to plant trees in Hebei within three years. It is reported that since the comprehensive launch of the "Three Norths" project last year, Ant Group has successively agreed with the forestry and grassland departments of Inner Mongolia and Gansu to "donate another 100 million yuan within three years" to support the ecological restoration work of desertification control. Hebei Province is the third province to which Ant Group has donated.

2024.12.23

20:40

Ant Group establishes new Alipay business group and implements rotating president system

According to Cailianshe, Ant Group issued a letter to all employees, which will accelerate the promotion of dual flywheels and AI strategies, and form a new Alipay business group based on the APP business unit, advertising business unit, digital product business unit, digital livelihood business unit, digital travel and hotel business unit, and digital logistics business unit (formerly the digital logistics & enterprise code business unit). The Digital Payment Business Group and the Alipay Business Group have established a rotating president system. The rotating president will serve as the president of each business group, responsible for promoting the implementation of the strategy and making major decisions. The term of office of the rotating president is six months, and the first two will be Qin Yi and Putian as the rotating presidents of the Digital Payment Business Group and the Alipay Business Group respectively.

2024.12.19

10:42

A-share Junzheng Group's intraday limit fell, with nearly 1.4 million orders blocked. On the news front, Ant Group said on its official Weibo that it currently has no plans to go public, let alone the so-called "backdoor listing."

10:11

Ant Group: There is no plan to go public at present, and there is no so-called "backdoor listing"

On December 19, Ant Group clarified on its official Weibo account: Recently, we have noticed that some institutions have claimed on multiple platforms that "Ant Group is about to go public through a backdoor listing and they have access to internal information", and used this to induce netizens to join groups to obtain recommended stock information. Ant Group currently has no plans to go public, let alone the so-called "backdoor listing".

2024.12.17

10:18

Jiangxi has built the country's first provincial data aggregation and circulation infrastructure platform

On December 17, Jiangxi Province released a data aggregation and circulation infrastructure platform. This is the first data aggregation and circulation infrastructure platform in the country that covers the provincial, municipal and county levels, and has been included in the national pilot project. The platform is technically supported by Ant Confidential. Compared with traditional data circulation infrastructure, it is based on confidential computing technology to promote the application of data products in medical insurance, agriculture, taxation, water conservancy, inclusive finance and other scenarios. Wei Tao, Vice President and Chief Technology Security Officer of Ant Group and Chairman of Ant Confidential, believes that in the future, high-value data will be deeply integrated, and confidential computing technology is needed to ensure safe circulation. Confidential computing will become a new computing power in the era of data circulation, promoting the market-oriented circulation and utilization of data elements.

2024.12.08

09:19

Han Xinyi will take over as CEO of Ant Group in March next year, while Jing Xiandong will focus on his work as chairman

Ant Group Chairman and CEO Jing Xiandong announced in a letter to all employees that Ant Group President Han Xinyi will officially take over as CEO of Ant Group from March 1, 2025, and will be fully responsible for all businesses and daily management of Ant, reporting to Jing Xiandong and the board of directors. In the future, Jing Xiandong will focus on the work of chairman and fully support Han Xinyi and the management team. (Interface)

2024.10.23

09:11

Ant Group-owned database vendor OceanBase gains over 2,000 customers

Asia Tech Wire (Oct 23) -- Ant Group's database vendor OceanBase fully disclosed its commercial and ecological development for the first time on Wednesday.

2024.08.15

02:56

Ant Group said to buy online healthcare services platform HaoDF

Asia Tech Wire (Aug 15) -- Ant Group is planning to acquire online healthcare services platform HaoDF, according to Chinese media reports.

2024.08.09

03:53

Chinese AI startup Meta Sota closes new funding round led by Ant Group

Asia Tech Wire (Aug 9) -- Chinese AI startup Meta Sota recently closed a new round of funding of over 100 million yuan ($14 million) led by Ant Group and followed by Lightspeed China Partners, according to LatePost.

2024.07.15

09:18

Ant Group partners with BNP Paribas for cross-border payment business

Asia Tech Wire (July 15) -- Chinese fintech giant Ant Group has partnered with BNP Paribas for its cross-border payments business.

2024.06.13

07:54

Ant Group VP leaves after 7 years

Asia Tech Wire (June 13) -- Geoff Jiang, formerly vice president of Ant Group, has left the company due to personal life and work plans, according to the latest market news.

2024.05.06

09:03

China's Ant Group speeds up global expansion through cross-border payment platform Alipay+

Asia Tech Wire (May 6) -- Chinese fintech giant Ant Group is looking to accelerate global expansion through its cross-border payments platform Alipay+.

2024.03.18

08:45

Ant's digital tech unit expands overseas footprint by partnering with Kazakhstani bank

Asia Tech Wire (Mar 18) -- Ant Group's digital technology unit is expanding its footprint overseas by striking a partnership with a Kazakhstani bank.

2023.11.15

09:50

Ant Group says its digital tech unit has seen 300% growth in overseas revenue

Asian Tech Press (Nov 15) -- Chinese fintech giant Ant Group disclosed the overseas performance of its digital technology unit for the first time on Wednesday, revealing a 300% growth.

2023.07.07

10:03

China said to fine Ant Group at least $1.1 bln

Asian Tech Press (July 7) -- Chinese regulators may announce on Friday a fine of at least 8 billion yuan (US$1.1 billion) against Ant Group.

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