Ant Group is the operator of China’s most used third-party mobile payments app Alipay. Photo: Getty Images
Ant Group is the operator of China’s most used third-party mobile payments app Alipay. Photo: Getty Images
Ant Group
Business /  Banking & Finance

Jack Ma’s Ant Group files plans for dual listing in Hong Kong and Shanghai, showcasing profitable business

  • Investors get a glimpse at Ant Group’s size: 711 million monthly active users of Alipay, 1 billion annual active users, 38 per cent rise in first-half revenue and an eightfold jump in pre-tax profit
  • Jack Ma, founder of Alibaba Group Holding, will donate 611,337,334 shares of Ant Group to charitable causes

Alison Tudor-AckroydEnoch Yiu
Alison Tudor-Ackroyd and Enoch Yiu

Updated: 5:48pm, 27 Sep, 2020

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Ant Group is the operator of China’s most used third-party mobile payments app Alipay. Photo: Getty Images
Ant Group is the operator of China’s most used third-party mobile payments app Alipay. Photo: Getty Images
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