E18: [In-depth] Ant Group part two: building the future

In the second part of our in-depth on Ant Group, we unravel the company's ongoing efforts to overcome challenges and navigate a shifting landscape. Despite facing regulatory obstacles, Ant Group remains a formidable player in the financial technology sector. We explore the intricacies of its flagship product, Alipay, the world's largest mobile payment platform with over 1 billion users and processing a staggering $2.5 trillion in payments in 2022. Diving deeper, we examine Ant Group's diversification into various financial services, including lending, investments, and insurance. We shed light on the spin-off of its lending arm, MyBank, and the imposition of limits on lending activities. As Ant Group adapts to these changes, we discuss its focus on "inclusive finance" to serve small businesses and consumers. Dabbling in cross-border solutions seems to be the latest in Ant Group’s endeavours and efforts to attract customers outside of its primary market: China. Where can you find their products in Singapore? And Thailand? Find out as we explore first hand experiences with these technologies. Join us as we analyze Ant Group's journey, from its spin-off from Alibaba to its recent restructuring and fine by regulators. We tap into insights from industry leaders, including their perspectives on the consequences of the fine and the potential impact on the broader tech industry landscape. Don't miss this thought-provoking discussion on the rise, challenges, and future prospects of Ant Group. To bring these insights to your company or leadership team, contact academy@mworks.asia