Ant Group

Ant Group reports 30M MAUs for its AI health chatbot Ant Afu, which integrates appointments, test analysis, and insurance payments within Alipay's ecosystem

Ant Group reports 30M MAUs for its AI health chatbot Ant Afu, which integrates appointments, test analysis, and insurance payments within Alipay's ecosystem

Ant's health chatbot has become a top downloaded app in China as users seek personalized care they can't get from the overburdened hospitals.

Sources: Chinese companies including Ant Group and JD.com pause plans to issue stablecoins in Hong Kong after instructions from regulators not to move ahead

Regulators raise concerns about the rise of privately controlled currencies  —  Chinese tech giants have paused plans …

Ant Group unit Robbyant showcases its first LLM-powered humanoid robot, the R1, at a conference in Shanghai, joining an intensifying effort by Chinese companies

Jack Ma-backed Ant Group Co. showcased its first humanoid robot on Thursday, formally joining an intensifying effort …

India's RBI grants Paytm “in-principle” approval to operate as a payment services provider for online merchants, after China's Ant Group sold its entire stake

Jagmeet Singh / TechCrunch :

Asian financial hubs are updating their stablecoin rules and companies like JD.com and Ant Group plan to become issuers, after the US embraces USD stablecoins

Bloomberg :

Ant Group launches Zhixiaobao, a standalone AI app to let users facilitate daily tasks such as ordering meals and hailing taxis, and access third-party services

Xinmei Shen / South China Morning Post :

Ant Group spent a record ~$2.9B on research in 2023, as the Alibaba affiliate develops its BaiLing LLM; Ant and affiliate MYbank served 87M businesses by 2023

Xinyi Luo / Bloomberg :

Source: Ant Group CEO and Chair Eric Jing says Han Xinyi will be named president and some units plan to set up their own boards to operate more independently

Casey Hall / Reuters :

Beijing-based generative AI startup Beijing Zhipu Huazhang has raised ~$342M from Alibaba, Tencent, Ant Group, Xiaomi, HongShan, Meituan, and others in 2023

Jane Zhang / Bloomberg :