Ant Group is not a central enterprise, but a private financial enterprise. Ant Group is the parent company of Alipay, a mobile payment platform, and the world's leading financial technology open platform. Committed to promoting the digital upgrade of the global modern service industry, including financial services, and working with partners to provide inclusive, green and sustainable services for consumers and small and micro enterprises, bringing small and beautiful changes to the world.

Relying on the mobile Internet, big data and cloud computing, we will practice inclusive finance's important practice in China. Its subsidiaries include Alipay, Yu 'ebao, Lucky Treasure, Ant Wealth, Online Merchant Bank, Ant Flower Garden and Sesame Credit.

The company structure and development course of Ant Group;

1, company structure

Ant Group consists of Alipay, Ant Fortune, Sesame Credit and other brands. Among them, Alipay is the core business of the company, and it owns Alipay wallet, word of mouth, idle fish and other sub-brands, covering payment, life service, e-commerce and other fields. Ant Wealth is mainly engaged in financial services such as wealth management and funds, while Sesame Credit is a representative in the fields of credit reporting and risk control. The company structure is clear, and all brands cooperate with each other to form a complete ecosystem.

In addition, Ant Group also actively expands overseas markets, has established business in Southeast Asia, South Korea and other places, and will continue to penetrate the world in the future.

2. Development process

Ant Group was established on 20 14, controlled by Alibaba Group, with Alipay as its core business. At the beginning of the company's establishment, it was mainly engaged in payment business. With the change of market demand, wealth management, credit reporting, insurance and other business sectors have been gradually developed. After nearly ten years, on April 6, 2023, the Institute of Advanced Studies of Tsinghua University and Ant Group formally established the "Joint Research Center for Privacy Computing and Blockchain" and held an unveiling ceremony.

Baidu Encyclopedia-Ant Technology Group Co., Ltd.