xi's moments
Home | Companies

Tech top priority for Ant Group

By SHI JING in Shanghai | chinadaily.com.cn | Updated: 2020-09-24 14:33

A mascot of Ant Group at the company's headquarters in Hangzhou, Zhejiang province. [Photo by Long Wei/for China Daily]

Investment in technology will be the most important job for Ant Group after the company's floating on the stock market, the fintech giant's CEO Hu Xiaoming said at the Inclusion Fintech Conference in Shanghai on Thursday.

It is technology rather than finance that is in Ant Group's genes, said Hu, adding technology is the major driving force for Ant's progress.

Hu also said the company will release the Trusple platform on Friday, which is developed based on Ant Group's blockchain technology. The new platform will function similarly to sponsored transactions launched by digital payment tool Alipay 16 years ago.

The three-day Inclusion Fintech Conference commenced on Thursday, hosted by Ant Group and overlooked by the municipal government of Shanghai.

Ant Group's initial public offering has been approved by the STAR Market listing committee on Sept 18.

Global Edition
BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349