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Ant Group

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Eric Jing's photo - Chairman & CEO of Ant Group

Chairman & CEO

Eric Jing

CEO Approval Rating

83/100

Founded:

2004

Status:

PrivateIndependent Company

ANT GROUP TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

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PayPal is perceived as one of Ant Group's biggest rivals. PayPal was founded in 1998, and is headquartered in San Jose, California. PayPal is in the Fintech industry. PayPal generates $5.6B more revenue vs. Ant Group.

Tencent is a top competitor of Ant Group. Tencent is a Public company that was founded in 1998 in Nanshan, Guangdong Province. Tencent operates in the Artificial Intelligence (AI) industry. Compared to Ant Group, Tencent has 69,198 more employees.

Suning Holdings is Ant Group's #3 rival. Suning Holdings is headquartered in Xuanwu, Jiangsu Province, and was founded in 1990. Suning Holdings competes in the Diversified construction industry. Suning Holdings generates 561% the revenue of Ant Group.

Ant Group Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

eMonkey

Dec 2019

Source »
undisclosed
-
World First U.K. Ltd.

Feb 2019

Source »
$700M
World First provides currency exchange and cross border payment solutions for businesses and individuals.

These are all the companies that Ant Group has acquired. Ant Group has acquired 2 companies and its latest acquisition was eMonkey in Dec 2019.

Ant Group Funding History

Since Ant Group was founded in 2004, it has participated in 3 rounds of funding. In total Ant Group has raised $14.0B. Ant Group's last funding round was on Sep 2019 for a total of $0

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Sep 2019
--
Series C
May 2018
$14B

GIC

Equity
Jan 2018
--

Since Ant Group was founded in 2004, it has participated in 3 rounds of funding. In total Ant Group has raised $14.0B. Ant Group's last funding round was on Sep 2019 for a total of $0

Ant Group Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Wave Money is a mobile payment application that allows users to transfer money, receive refunds and pay bills directly from bank accounts.
$75.3M
May 18, 2020
Equity
Jun 01, 2020
Zomato is an India-based online restaurant search platform that provides information on home delivery, dining-out and cafes.
$50M
Jan 09, 2020
Equity
-
Anyscale is an online platform that develops frameworks for building machine learning applications.
$20.6M
Dec 16, 2019
Series A
-
Telenor Microfinance Bank is a financial institution that provides commercial and personal banking services for individuals and businesses.
$70M
Dec 06, 2019
Equity
-
Asiaray is a media firm that provides airport and metro line advertising services.
$18.7M
Nov 29, 2019
Equity
-

These are all the companies that Ant Group has invested in. Ant Group has invested 44 companies and its latest investment was Wave Money in May 18,. Wave Money is a mobile payment application that allows users to transfer money, receive refunds and pay bills directly from bank accounts.

Ant Group News

Ant Group Press Releases

Social Media

Ant Group Headquarters

No. 556 Xixi Road Z Space

Hangzhou, Zhejiang Province311600

86-571-2688-8888

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Ant Group Summary

ABOUT

Overview

Ant Financial is a China-based fintech platform that offers lending, digital banking and payment solutions for individuals and businesses. Ant Group was founded in 2004. Ant Group's headquarters is located in Hangzhou, Zhejiang Province, CN 311600. It...

CEO

Ant Group's Chairman & CEO, Eric Jing, currently has an approval rating of 83%. Ant Group's primary competitors are PayPal, Tencent & Suning Holdings.

Website

antfin.com

Frequently Asked Questions about Ant Group

  1. When was Ant Group founded?

    Ant Group was founded in 2004
  2. Who is Ant Group's CEO?

    Ant Group's CEO is Eric Jing
  3. How much revenue does Ant Group generate?

    Ant Group generates $17.3B in revenue
  4. How much funding does Ant Group have?

    Ant Group has historically raised $14B in funding
  5. Where is Ant Group's headquarters?

    Ant Group's headquarters is in Hangzhou Zhejiang Province, CN
  1. How many employees does Ant Group have?

    Ant Group has 16,660 employees
  2. What sector does Ant Group operate in?

    Ant Group is in Diversified Financial Services
  3. Who are Ant Group's competitors?

    Ant Group's top competitors are PayPal, Tencent, Suning Holdings
  4. Who has Ant Group invested in?

    Ant Group's has invested in companies such as Wave Money, Zomato, Anyscale, Inc.