*Ant Group Archives

Alipay Will Launch An AI Independent App ‘Zhixiaobao’

Alipay will launch a standalone app called Zhixiaobao, claiming to be the first service-oriented AI native application in China.

NBA China and Ant Group Partners to Create Original Online Content on Alipay

On February 21, NBA China and Chinese fintech firm Ant Group announced a strategic partnership to create original online content and customized experiences for fans on Alipay, a leading digital wallet platform in China.

Tencent Music Entertainment Shuts Down Digital Collection Business

Music streaming service provider Tencent Music Entertainment (TME) shut down its digital collection business and has transferred some team members to other departments.

Ant Group’s Digital Collection Platform Launches Custom Physical Object Function

On September 8, fintech giant Ant Group's digital collection platform Jingtan officially launched an "entity customization" function, allowing users to customize some digital collections into derivative objects.

Alipay China Changes Legal Representative and Chairman

The legal representative and chairman of Alipay (China) Network Technology Co., Ltd. has changed from Eric Jing, Ant Group’s chairman and CEO, to Ni Xingjun, Ant Group's CTO.

Alibaba Pursues Primary Listing on Hong Kong Stock Exchange

Alibaba Group announced on July 26 that its board of directors has authorized the company’s management to apply for a primary listing on the Main Board of the Hong Kong Stock Exchange (HKEx).

China’s BaaS Market Size Reached $188M in 2021

According to a report released by IDC on July 5, China's blockchain-as-a-service (BaaS) market reached $188 million in 2021, improving further from a strong 2020, with a growth rate of 92.6%.

Ant Group’s Secret Flow Data Security Framework Made Open-Sourced

On July 4, Ant Group announced that it has officially open-sourced a trusted privacy computing framework for global developers called "Secret Flow."

Ant Group Spends $8.9 Million to Establish Info Tech Company

On Wednesday, Tianyancha revealed that a wholly-owned subsidiary by Ant Group was formerly established. The new subsidiary has been named Ant Suosuoshu (Hangzhou) Information Technology Co., Ltd.

Ant Group-Backed MYbank to Cease Asset Transfers from Alipay

Ant Group-backed e-payment solution MYbank recently announced that it would gradually stop asset transfers from Alipay to MYbank due to regulatory changes.

Ant Group Appoints Jia Hang as General Manager for Southeast Asia

Ant Group has announced the appointment of Jia Hang as its General Manager for Southeast Asia. The Group said this newly-established position will help strengthen its talent and capacity building in the region.

Ant Group’s Digital Collectible Platform Punishes Users for Private Trading

On Tuesday, "Jingtan", a digital collectible platform owned by Ant Group, announced that 56 users who had made illegal transactions outside the platform were restricted from using specific functions.

Ant Group Reduces Stake in ZhongAn Insurance to 10.37%

Data from the Hong Kong Stock Exchange (HKEx) showed on Tuesday that Ant Group has reduced its stake in ZhongAn Insurance by 46,537,063 shares, dropping its shareholding ratio from 13.54% to 10.37%.

Ant Group Releases 2021 Annual Report on Consumer Rights Protection

On Tuesday, Ant Group released its 2021 Annual Report on Consumer Rights Protection. The report indicates that, in 2021, Ant Group launched more than 30 measures in six different aspects to effectively protect consumers' rights.

Five Companies From Greater China Rank Among Top 50 U.S. Patent Assignees in 2021

According to authoritative patent data released on Monday by IFI Claims, five enterprises from Greater China have entered into the list of top 50 U.S. Patent Assignees in 2021.

Ant Group’s Xianghubao Issues Latest Mutual Aid List

On Friday, Xianghubao, a mutual aid health-care platform under Ant Group, announced its latest mutual aid list 10 days after it announced a closure notice.

Ant Group Shuts Mutual Aid Platform Xianghubao Amid Crackdown

Ant Group's mutual aid health-care platform Xianghubao will cease operations from January 18, 2022, following similar moves by other internet giants, including Meituan and Waterdrop Inc.