Ant Group

Ant Group Co Ltd is a company engaged in providing digital payment services and operating digital finance technology platforms. The Company operates three businesses. The digital payment and merchant services business operates its primary product which is a mobile payment application named Alipay. The business provides consumers with digital payment services and helps merchants collect payments. The digital finance technology platform business helps financial institutions enlarge their customers and provide a series of financial services through its CreditTech platform, InvestmentTech platform and InsureTech platform. The CreditTech platform mainly provides credit services to unserved or underserved consumers and small and micro business operators. Through cooperation with insurance companies, the InsureTech platform provides insurance products. The innovation initiatives and others business provides cross-border remittance services using blockchain technology and other services.