Sarah ChenGeneral
Two AI Agents Trigger Management Gridlock at Shanghai Big Tech Firm
Marketing manager Xiao Mengjie found automated digital workers debated task ownership and created administrative overhead instead of speeding up execution.
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Ant Group
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9 stories in this topic
Minjun ParkFinance
Alipay and WeChat Pay Link Foreign Cards Ahead of Apec Meeting
International visitors can now register apps using an email address and foreign bank card to pay for daily expenses across mainland China.
Maria SantosFinance
Ant International Deploys AI Agents Across 1.5 Billion-Account Network
The Singapore-based fintech is integrating autonomous software into Alipay+ and WorldFirst to automate multi-currency merchant settlements.
Rajiv MenonE-Tailing
Alibaba Net Profit Plunges 75 per Cent on Heavy AI Infrastructure Spending
Quarterly net income dropped sharply as capital expenditure rose 75 per cent to 67.68 billion yuan, driven by data centre buildouts and proprietary chip deployment.
Maria SantosGeneral
Ant Unveils Innovative AI Travel Companion Integrated into Mobile Wallets for Seamless Adventures
Retailing giants in Asia are grappling with the delicate balance of managing supply chain disruptions and keeping pace with ever-changing consumer expectations. As economies rebound from the impacts of the pandemic, retailers are re-evaluating their…
Rajiv MenonFinance
Ant Group in Talks to Form Credit Scoring JV with Beijing
Ant Group is reportedly in discussions with state-owned enterprises to create a credit scoring firm that houses data collected from its massive user base. The formation of the new entity could see Ant Group cede control over financial data of more than a…
Wei ZhangFinance
Ant Group Issues Financial Self-Discipline Rules
The internal guidelines come amid increased scrutiny by Chinese regulators of the country’s financial technology sector. In a statement, Ant said it will stop issuing loans to minors on its consumer loan platforms and will prevent small business loans from…
Rajiv MenonFinance
Chinese Fintech Giants Join Efforts to Calm Markets
Chinese fintech giants Ant Group and Tencent are the latest to attempt to inspire calm in markets after they told investors not to overreact to price swings and avoid making hasty decisions. Alipay, Ant Group’s payment arm, issued a letter earlier this week…
Minjun ParkFinance
Chinese Payment Apps Hit by Trump Ban
Ant Group’s Alipay, Tencent Holdings’ QQ Wallet and WeChat pay are among the apps banned by executive order. Tensions between Washington and Beijing are set to rise with the latest executive order from U.S. President Donald Trump, which bans transactions with…