Ant Group - News, Articles & Research

News/regulation

Ant Group fined $985m

China's central bank has fined fintech behemoth Ant Group $985 million for violating a host of laws and regulations.

07 July 2023

News/retail

Ant could sell stake in Hong Kong bank - Bloomberg

Chinese fintech giant Ant Group could sell a stake in its Hong Kong virtual banking unit, according to Bloomberg.

08 May 2023

Company announcement/retail

AntChain unveils multiple new Web3 initiatives

Together with its partners, AntChain today unveiled a series of new Web3 initiatives, including an open-source project featuring its industry-leading cross-chain technology and AntChain OpenLab, to support Web3 developer community at the 2023 Ant Group Digital Technologies Developer Conference.

26 April 2023

News/people

Jack Ma cedes control of Ant Group

Alibaba founder Jack Ma has ceded control of fintech giant Ant Group under a corporate restructuring which sees his stake in the firm reduced to just six percent.

09 January 2023

News/sustainable

Climate coalition publishes green digital practices guidebook

The Every Action Counts (EAC) coalition has put together a guidebook designed to help firms engage with consumers on climate issues.

11 November 2022

News/payments

Ant rolls out BNPL product in Hong Kong

Ant Group continues to expand its product range in Asia, rolling out a BNPL offering in Hong Kong and small business loans in Singapore.

07 November 2022

Company announcement/wealth

Kenanga Investment Bank to build wealth super app with Antchain technology

Kenanga Investment Bank Berhad (“Kenanga”) has entered into an agreement with AntChain Technology Pte. Ltd. (“AntChain”), part of the Ant Group, to build Malaysia’s first wealth SuperApp using AntChain’s proprietary mobile platform solution. This agreement follows from its recent MoU with AntChain.

31 October 2022

News/retail

Ant launches digital operations platform for insurers

Ant Group's insurance arm has launched a blockchain-based digital operation platform for insurance companies in China.

07 September 2022

Company announcement

Kenanga Investment Bank taps Ant Group to launch Malaysia's first wealth SuperApp

Kenanga Investment Bank Berhad (“Kenanga”), Malaysia’s largest independent investment bank, today signed a Memorandum of Understanding (MoU) with Ant Group.

24 August 2022

News/people

Jack Ma prepares to cede control of Ant Group -WSJ

Jack Ma is preparing to give up control of Ant Group in an effort to distance the fintech giant from his Alibaba tech group in the face of regulatory pressure, according to the Wall Street Journal.

28 July 2022

News/devops

Ant Group open sources privacy software

Chinese fintech behemoth Ant Group has made its "privacy-preserving Computation Framework" open source.

05 July 2022

Company announcement/payments

Alipay+ upgrades Cashier product

Ant Group today announced the launch of Alipay+ Unified Payment. This major product upgrade provides a unified, scalable technical solution to help online and brick-and-mortar merchants collect money through all digital payment methods supported by Alipay+ in a more convenient and effective way.

16 June 2022