Advertisement

Fintech giant Ant Group steps up hiring in blockchain, advanced computing as Big Tech firms tackle stagnant wages

  • Ant Group’s latest recruitment programme targets qualified new graduates for more than 45 positions based in various first-tier Chinese cities
  • It reflects the company’s effort to grow the ranks of skilled employees, following the overhaul of its online platforms under the scrutiny of regulators

Reading Time:3 minutes
Why you can trust SCMP
1
Fintech giant Ant Group’s latest hiring drive is an indicator for new job opportunities in China’s internet industry, where wages have remained stagnant amid a sweeping regulatory crackdown. Photo: Shutterstock
Ant Group, the financial technology affiliate of Alibaba Group Holding, this week kicked off a new recruitment drive focused on blockchain and advanced computing technologies, as China’s Big Tech companies scramble to hire skilled young talent amid stagnant wages in the sector and increased scrutiny by regulators.
Hangzhou-based Ant Group, operator of mobile payment app Alipay, has launched its spring campus recruitment programme, which targets qualified students who are set to graduate between November this year and October next year.

The programme seeks to fill more than 45 positions, according to the company’s statement, published on Wednesday on its various social media accounts.

These positions cover eight categories – including technology, product, design, data and operations – to be based in a number of first-tier Chinese cities such as Beijing, Shanghai, Shenzhen and Hangzhou, capital of eastern Zhejiang province and home to Alibaba. E-commerce giant Alibaba is the parent of the South China Morning Post.

The hi-tech job openings, which account for 86 per cent of Ant Group’s overall target in its latest recruitment programme, involve blockchain, privacy-preserving computation and graph computing, according to the statement.

03:04

What is Jack Ma’s Ant Group and how does it make money?

What is Jack Ma’s Ant Group and how does it make money?

The company did not immediately respond to a request for comment on Thursday.

Advertisement