Flash Report /
China

China takes another swipe at Ant Group: Credit and data assets split out

  • Regulators previously increased capital intensity at Ant’s CreditTech business hitting profitability, growth potential

  • Core credit products will now be removed from the Alipay super app. This will likely reduce cross-sale activity

  • Ant will also lose control of its data, which is a key driver of customer insights and product innovation

China takes another swipe at Ant Group: Credit and data assets split out
Rohit Kumar
Rohit Kumar

Global Financials/Thematics

Rahul Shah
Rahul Shah

Head of Financials Equity Research

Tellimer Research
13 September 2021
Published by