Ant Group spin-offs pursue independent growth with strategic capital moves

The three independent spin-offs of Chinese fintech giant Ant Group are accelerating their capital-raising efforts, forging distinct financial paths after gaining operational autonomy in 2024. Ant Digital Technologies is preparing a financing round ahead of its initial public offering, according to Chinese financial news outlet STAR Market Daily, marking the latest strategic move from one of the units that it spun off. Details regarding the round’s valuation, target size, timeline or planned…

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