Ant Group

New Business

AI set to reshape the world, Alibaba founder Jack Ma tells Chinese rural teachers

In a video speech posted on the social-media account of his eponymous foundation to mark the 10th anniversary of a…

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New Business

Chinese fintech giant Ant denies imminent restart of IPO process

Ant Group, the fintech affiliate of Alibaba Group Holding, said it had no immediate plans to revive its initial public…

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New Business

Ant Group promotes finance chief Cyril Han to CEO as Alipay owner marks 20-year milestone

Ant Group, China’s biggest operator of mobile payment systems, is promoting its finance chief Cyril Han Xinyi to the CEO…

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New Business

Ant International reports growth after March spin-off as cross-border payments surge

Ant International reported a robust growth across its core business segments following a spin-off in March as its mainstay cross-border…

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Tech

Ant Group’s blockchain arm Zan wants to be the Google or Microsoft of Web3 in Hong Kong

Ant Digital Technologies, a subsidiary of the Chinese fintech giant Ant Group, wants its new Hong Kong blockchain venture Zan…

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New Business

Opinion | Quality should come before quantity for Hong Kong’s IPOs

Hong Kong has long stood as a beacon of financial prowess, with its stock exchange often leading the world in…

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Tech

DBS launches treasury tokens with Ant International for cross-border liquidity management

DBS, Singapore’s largest banking group, has launched a treasury token pilot project with Ant International to improve cross-border treasury and…

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Tech

Ant Group invests in writing assistant start-up Mita as Chinese tech firms keep betting on AI

Ant Group has led a new round of investment in a low-profile Chinese artificial intelligence (AI) start-up with a focus…

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Tech

Tencent closes WeChat Pay in Malaysia as it shifts focus to Chinese tourists

Tencent Holdings is shutting down WeChat Pay Malaysia, the Chinese technology giant’s six-year old local e-wallet service, as it seeks…

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Tech

Sora finds a new rival in China as start-up Shengshu AI rolls out text-to-video tool

Shengshu said Vidu is able to generate a four-second clip in 30 seconds, according to a statement. That makes it…

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