Ant Group Archives

Ant Group

12 July, 2024

Ant Group’s blockchain units increased registered capital to $500M

The two units that Ant Group relied on for its blockchain ventures, including its local brand AntChain, increased capital for...

Hong Kong leverages blockchain in digitizing shipping sector, powering up CBDC trial

Business

Wahid Pessarlay

28 March, 2024

Hong Kong leverages blockchain in digitizing shipping sector, powering up CBDC trial

GSBN, with help from Ant Group, is modernizing the shipping industry through eBL, a blockchain-powered prototype that tokenizes goods and...

China metaverse working group includes tech giants Huawei, Tencent, and Ant Group

Business

Wahid Pessarlay

25 January, 2024

China metaverse working group includes tech giants Huawei, Tencent, and Ant Group

The working group comprises of tech giants, including Huawei, Tencent, NetEase, Ant Group, Baidu, and Sense Time, with engineering and...

Jack Ma cedes control of Ant Group following a massive corporate restructuring

Business

Wahid Pessarlay

17 January, 2023

Jack Ma cedes control of Ant Group following a massive corporate restructuring

Other changes to Ant Group’s structure include increasing independent directions and forming three sub-committees bordering on risk management, consumer rights,...

Business

Ed Drake

14 May, 2021

Alipay to enable test of digital yuan

The move was made possible by the involvement of MYbank, one of the leading internet-only banks in China, which is...

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Adair Snipes

19 Dec 2024

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