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Jack Ma-backed Ant’s profit fell 91% on AI spending, fair value
March 19, 2026
The firm invests in AI to drive a new growth chapter after a regulatory crackdown ended two years agoPublished Thu, Mar 19, 2026 · 07:24 PM[HONG KONG] Ant Group’s...
Jack Ma-backed Ant bets on AI health in 480 billion yuan sector race
February 11, 2026
The move comes with risks in a digital health sector littered with companies that scaled quickly, but struggled to turn a profit [HONG KONG] Roughly five years ago, Ant...
Jack Ma-backed Ant’s profit grew 10% after AI, global expansion
November 25, 2025
[HONG KONG] Ant Group’s quarterly profit grew 10 per cent after the Chinese digital payments giant bolstered its artificial intelligence capacity via AI models, humanoid robots and health care....
Jack Ma-backed Ant’s profit dives 60% after AI, global expansion
August 29, 2025
ANT Group’s quarterly profit fell 60 per cent, after the Chinese digital payments giant made more inroads overseas and invested in artificial intelligence (AI) to grow its revenue. The Hangzhou-based...
Jack Ma-backed Ant Group’s unit Anext Bank appoints CEO-designate – The Business Times
January 19, 2025
Digital wholesale bank Anext Bank, a wholly owned subsidiary of Jack Ma-backed Ant Group’s overseas unit Ant International, welcomed a new chief executive officer on Friday (Jan 24). Deputy...