Ant Group's Ant Financial Enters Its Second Year of Independent Operations: Customer Base Grows 35%, Three Business Segments Focus on Industry Digitalization

Ant Group's Ant Financial Enters Its Second Year of Independent Operations: Customer Base Grows 35%, Three Business Segments Focus on Industry DigitalizationSince its independent operations in March this year, Ant Financial has continued to push forward in the field of industrial digitalization and achieved notable results. The company's CEO, Zhao Wenbiao, recently announced the business progress and strategic layout at an exchange meeting

Ant Group's Ant Financial Enters Its Second Year of Independent Operations: Customer Base Grows 35%, Three Business Segments Focus on Industry Digitalization

Since its independent operations in March this year, Ant Financial has continued to push forward in the field of industrial digitalization and achieved notable results. The company's CEO, Zhao Wenbiao, recently announced the business progress and strategic layout at an exchange meeting. He believes that as industrial digitalization gradually enters the deep water zone, simple digital technology integration with traditional industries can no longer meet the development needs. Industrial digitalization must shift from single-point localization to overall efficiency improvement, from single-track to full-path upgrade, requiring a more comprehensive digital solution.

To meet diverse needs in industrial digitalization, Ant Financial has established three business segments:

1. Cloud Services (Cloud+): Helping enterprises enter the digital cloud stage, providing basic cloud services to facilitate their digital transformation.

2. AI Services (AI+): Reconstructing and upgrading risk control, marketing, and other scenario efficiencies with AI technology, helping businesses build competitive advantages in the era of large models, improving business efficiency and user experience.

3. Blockchain Services: Building industrial trust through technology, improving digital collaboration efficiency, accelerating data asset circulation, and providing enterprises with a secure and reliable foundation for digital collaboration.

Market Share Leading, Multiple Products Ranked First:

Currently, several products under Ant Financial hold the top market share in their respective segments. Among them:

• The blockchain service brand Ant Chain holds a 26.5% share of the Chinese BaaS market, ranking first for four consecutive years.

• The privacy computing service brand Morse has held the top spot in the Chinese privacy computing platform market for two consecutive years with a 35.3% share.

• The security risk control brand Ant Shield also ranks first in the Asia-Pacific anti-fraud market.

Multi-Technology Fusion, Building a Digital Asset Circulation Network:

With the continuous development of digitalization, a massive amount of data has exploded, and digital collaboration between upstream and downstream participants in the industrial chain is becoming increasingly close. Zhao Wenbiao believes that "the needs of industrial digitalization are diverse. Even cutting-edge technologies like large models are hard to be the sole solution for industrial digitalization. Therefore, Ant Financial will invest in blockchain, the Internet of Things, privacy computing, AI, and other digital technology innovations to build a digital asset circulation network and unlock new dividends for industrial digitalization."

Investing in Industry Web3, Facilitating Financing Efficiency for Real Economy Companies:

During the Bund Summit, innovation practices related to Web3 became the subject of industry discussion. Recently, Ant Financial partnered with Lingsen Technology to launch the first cross-border RWA issuance, which was selected as one of the first asset tokenization cases by the Hong Kong Monetary Authority. Zhao Wenbiao stated, "The RWA model is like a mini-IPO," which can significantly enhance financing efficiency for real economy companies. In the future, Ant Financial will continue investing in industry Web3, build a digital asset circulation network, and allow more small and medium-sized enterprises to connect with global funds through the blockchain network, gaining more development opportunities.

Overseas Strategy, Overseas Business Revenue Growth Reaches 300%:

Currently, emerging markets like Southeast Asia have strong demand for digitalization, and technology going global has become the main engine for Chinese companies going global. Zhao Wenbiao pointed out that going global is a key strategy for Ant Financial, and he expects overseas business to contribute 1/5 of total revenue in the future, becoming a significant direction for development. Previously, Ant Financial announced that overseas business revenue growth reached 300% in 2023.

Summary:

Ant Financial has achieved remarkable progress in the field of industrial digitalization in its first year of independent operations. The company, through its three business segment layout, focuses on the needs of industrial digitalization, continuously innovates technologies and products, builds a digital asset circulation network, and actively expands overseas markets. In the future, Ant Financial will continue to cultivate industrial digitalization, provide more comprehensive solutions for enterprise digital transformation, and drive the development of industrial digitalization, unlocking new dividends for industrial digitalization.

Data:

• In the past year, Ant Financial's customer base has grown by 35%.

• Ant Chain holds a 26.5% share of the Chinese BaaS market, ranking first for four consecutive years.

• Morse has held the top spot in the Chinese privacy computing platform market for two consecutive years with a 35.3% share.

• Ant Shield ranks first in the Asia-Pacific anti-fraud market.

• Overseas business revenue growth reached 300% in 2023.

Keywords:

Ant Financial, Industrial Digitalization, Cloud Services, AI Services, Blockchain Services, Digital Asset Circulation Network, Web3, Overseas Strategy, Market Share, Innovation, Technology, Products, Development, Future