Caixin
May 21, 2022 04:22 AM
BUSINESS

Ant Sharpens Southeast Asia Strategy With New Leadership

Ant  launched several local Alipay wallets in Southeast Asia by taking shares in local companies in countries.
Ant launched several local Alipay wallets in Southeast Asia by taking shares in local companies in countries.

(Singapore) — China’s Ant Group Co. signaled its global business expansion is back on track as the fintech giant put one of its top executives in charge of operations in Southeast Asia, the world’s hottest mobile wallet market.

The future of billionaire Jack Ma’s Ant has been up in the air since Chinese authorities blocked its mega share sale in 2020 and ordered a sweeping overhaul of the business. With Jia Hang in charge of Southeast Asia operations since March, the region is set to take center stage in the company’s new growth push.

You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST
Caixin Biz Roundup: China’s Covid Caseload Hits Six-Month High
00:00
00:00/00:00