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Ant International Said to Seek USD1B Financing Ahead of HK IPO; Ant Group Declines Comment
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Ant International, the overseas arm of Ant Group registered in Singapore, plans to raise about USD1 billion to expedite business expansion and pave the way for a potential Hong Kong listing as early as this year, recent foreign media reported. The valuation in this funding round could reach or exceed USD10 billion. In response, Ant Group said it has no comment on the above. Public information showed that Ant International owns three core products - Alipay+, Antom and WorldFirst - serving global financial institutions and merchants. Its services cover payments and account services, scenario-based finance, treasury management and cutting-edge AI-driven financial innovation. Its operations span markets in Asia, Europe, the Middle East and the Americas, with an average daily transaction volume exceeding 20 million cases. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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