Ant International’s First Sustainability Report Reveals Extent of Global Expansion and Fuels IPO Speculation
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Ant International, the overseas arm of Alibaba-backed Ant Group Co. Ltd., has released its first sustainability report since becoming an independent entity — revealing expansive global operations and re-igniting speculation over a potential Hong Kong initial public offering (IPO).
Based in Singapore, the fintech company separated from Ant Group in March 2024 and now operates four core business lines — Alipay+, Antom, WorldFirst and Bettr — serving over 1 billion merchants and 1.7 billion consumer accounts across more than 200 countries and regions. The report offered the first in-depth look into the company’s business scope and performance metrics.
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- Ant International, independent from Ant Group since March 2024, serves over 1 billion merchants and 1.7 billion consumers in 200+ countries, contributing 20% of Ant Group’s revenue (up from 5% in 2020).
- It integrates major payment platforms (Alipay+, WorldFirst, Antom, Bettr) and processed $100 billion in trade via WorldFirst in 2023, supporting 1.2 million SMEs.
- Ant International is in talks for a possible Hong Kong IPO, with estimated valuation at $27.8 billion.
- Ant International
- Ant International, the overseas arm of Ant Group, became an independent entity in March 2024 and is based in Singapore. It operates four core business lines—Alipay+, Antom, WorldFirst, and Bettr—serving over 1 billion merchants and 1.7 billion consumer accounts worldwide. It focuses on digital finance for SMEs and is exploring a potential Hong Kong IPO.
- Ant Group Co. Ltd.
- Ant Group's international arm, Ant International, has released its first sustainability report as an independent entity. This Singapore-based fintech company, separated from Ant Group in March 2024, operates four core businesses (Alipay+, Antom, WorldFirst, Bettr). It serves over 1 billion merchants and 1.7 billion consumer accounts across 200+ countries, with revenue growing from 5% to 20% of Ant Group's total. There is speculation about a potential Hong Kong IPO for Ant International.
- WorldFirst
- WorldFirst is a UK-born subsidiary of Ant International, Ant Group's overseas arm. It operates in the trade sector, processing $100 billion in transactions last year and supporting over 1.2 million SMEs in global e-commerce. Ant International's sustainability report provides an in-depth look into WorldFirst's performance.
- Anext Bank
- Anext Bank, located in Singapore, partners with Ant International to provide inclusive credit specifically tailored for small and medium-sized enterprise (SME) users in emerging markets.
- Ant Bank
- Ant Bank is a financial services partner of Ant International, providing inclusive credit to 15 million SME users in emerging markets, as mentioned in the article. It is based in Hong Kong.
- Bright Smart Securities
- Bright Smart Securities was part of recent speculation regarding a potential backdoor listing for Ant International. This market buzz, although dismissed by insiders, highlights growing investor interest in Ant Group's international expansion.
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