- Revenue from Ant Group Digital Technologies’ international business operation increased by 300% in the past year

SINGAPORE--(BUSINESS WIRE)--Ant Group Digital Technologies today presented its products and solutions for international markets at the TrustBridge Forum in Singapore. The company also announced that its revenue from its international business operation has increased by 300% in the past year, with key markets including Malaysia, Indonesia, the Philippines and other emerging economies.

So far in these markets, Ant Group Digital Technologies has provided customers with advanced technology products and solutions, including:

• mPaaS (mobile Platform-as-a-Service), a cloud-to-end one-stop solution for mobile development,
• ZOLOZ eKYC (electronic Know-Your-Customers)，an AI-powered digital identity verification solution,
• AntChain TaaS (Traceability-as-a-Service)，a Blockchain-based traceability solution combined with the Internet of Things (IoT) technologies,
• ZAN, a full suite of blockchain application development products and services for both institutional and individual Web3 developers, and more.

These products and solutions have been adopted by customers from a variety of industries, such as banking services, telecommunication, real estate, medicine and energy.

In 2022, Kenanga Investment Bank, the largest independent investment bank in Malaysia, utilized Ant Group Digital Technologies' mPaaS to develop Malaysia’s first wealth-centric 'Super App,' providing customers with the best of Kenanga and its partners’ products and services in a simple and easy way.

Earlier this year, Ant Group Digital Technologies leveraged its blockchain expertise and launched the brand ZAN to better serve the Web3 community. ZAN provides a suite of plug-and-play tools and services for Web3 endeavors. Its first batch of partners include HashKey Group, Morpheus Labs and Everest Ventures Group.

During the forum, Geoff Jiang, Senior Vice President of Ant Group and CEO of Ant Group Digital Technologies, shared his insights on the future of technology and innovation.

"Innovative technologies including blockchain, privacy computing, Internet of Things and artificial intelligence are accelerating the digitalization of assets, making transactions more efficient and trustworthy, while bringing greater value for all parties," he said. "At Ant Group Digital Technologies, we are committed to leveraging these innovative technologies to facilitate digital transformation and collaboration, in order to drive innovation, efficiency and trust together with our partners."

Ant Group Digital Technologies has won recognition from industry experts and organizations for providing excellent services to its customers over the past several years. AntChain was recognized by Forbes on the Blockchain 50 list for five consecutive years (from 2019 to 2023). Most recently, in September 2023, ZOLOZ was named as a Representative Vendor for the second consecutive time in the latest Gartner Market Guide for Identity Verification.

About Ant Group Digital Technologies

Ant Group Digital Technologies continues to promote the development and application of digital technologies, introducing leading products like AntChain, Zoloz, SOFAStack, and mPaaS based on its expertise in blockchain, privacy computing, security technology, and distributed database. Ant Group Digital Technologies is committed to working with partners across different industries to support small and medium-sized financial institutions in their digital transformation, enable SMEs in the service industry to operate digitally and facilitate digital collaboration across industries.

Contacts

Media Inquiries
Vick Li Wei

Ant Group

[email protected]