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Company

Ant Group Co.

6 articles stable
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Coverage Timeline

2026-02-11
Bloomberg 2 related

Ant, which in November 2025 elevated its health unit to be level with Alipay and its lending businesses, is betting on AI-powered health care to fuel its growth

Roughly five years ago, Ant Group Co. reined in its ambitions after a derailed initial public offering.

2025-09-11
Bloomberg 2 related

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 …

2023-07-08
Bloomberg 8 related

Ant Group is proposing a buyback of up to 7.6% of shares at a ~$78.5B valuation, almost 70% lower than the $280B market capitalization of its scrapped 2020 IPO

Jack Ma-backed Ant Group Co. is proposing to buy back as much as 7.6% of shares in an effort to retain talent and offer an exit …

2023-07-07
Bloomberg 5 related

People's Bank of China fines Ant Group ~$984M for violations in payment, settlement, anti-money laundering, and fund sales businesses, ending a years-long probe

Chinese regulators imposed more than $1 billion in fines on tech giants Ant Group Co. and Tencent Holdings Ltd. …

2023-06-21
Bloomberg 4 related

Ant is developing LLM tech for ChatGPT-style services under “Zhen Yi”, a project by a dedicated unit using in-house research; Ant invested ~$2.8B in R&D in 2022

Jack Ma-backed Ant Group Co. is developing large-language model technology that will power ChatGPT-style services …

2021-03-12
Bloomberg 6 related

Ant Group chairman Eric Jing will also become its CEO, after the company's current CEO Simon Hu resigned unexpectedly

Ant Group Co. Chief Executive Officer Simon Hu resigned from the company, according to a person with knowledge of the matter, as the company overhauls its business, Bloomberg News reports.

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