Ant Group picks AI-assisted healthcare as growth area in ageing China

South China Morning Post - Nov 7, 2025

Chinese fintech firm Ant Group, an affiliate of Alibaba Group Holding, has picked healthcare as a new artificial intelligence-driven business pillar, as it seeks growth in China’s rapidly ageing society, according to CEO Cyril Han Xinyi. The group, which owns and operates the payment service Alipay, has been struggling to find new areas for growth after Beijing imposed regulatory requirements on its consumer-credit businesses. Ant has also restructured to run independently from Alibaba, with...

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