律动BlockBeats
律动BlockBeats|Jun 10, 2026 08:20
[Ant International Plans $1 Billion Financing, Valuation May Exceed $10 Billion, Aiming for Hong Kong IPO This Year] BlockBeats News, June 10: According to Bloomberg, Ant Group's overseas business subsidiary, Ant International, is considering raising approximately $1 billion to accelerate business growth, with an estimated valuation of $10 billion or more. Sources familiar with the matter revealed that potential investors include existing shareholders General Atlantic and Silver Lake. Discussions are still ongoing, and no final decision has been made. If the financing is successfully completed, it will help Ant International prepare for a potential Hong Kong IPO as early as this year. If the IPO proceeds, it will revive Ant Group's attempt at what was set to be the world's largest IPO in 2020, which was halted by regulators. Following compliance restructuring, Ant International established an independent board of directors in 2024. Due to R&D investments and regulatory factors, the overall valuation of parent company Ant Group had shrunk to approximately $79 billion by 2023. Ant International achieved $3 billion in revenue in 2024 and recorded about 25% growth in 2025. As of April 2026, its services covered over 220 markets globally, supporting more than 300 payment methods. Its core business is composed of four major segments: the cross-border payment network Alipay+, merchant acquiring service Antom, cross-border trade payment platform WorldFirst, and Bettr, which provides AI-driven digital lending and forex fund management. In March 2026, Ant Group received approval from Chinese regulators to acquire Hong Kong-listed brokerage Bright Smart Securities & Commodities Group Ltd., aiming to expand its online securities business outside mainland China. At the same time, Ant Group continues to invest in emerging technologies to develop new revenue streams, with investments spanning large language models, humanoid robots, and a healthcare app with 140 million users. [Original Link]
+4
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads