Property News · October 20, 2023

Ant Group buys land to expand HQ as fintech firm and Alipay operator emerges from shadow of China’s tech crackdown


The affiliate of Alibaba Group Holding pays 1.54 billion yuan (US$210.5 million) for a parcel for new office buildings in Hangzhou, a ‘clear sign’ that Ant is ‘back on its growth track’, a property investor says.

Source : South China Morning Post
Read more…Ant Group buys land to expand HQ as fintech firm and Alipay operator emerges from shadow of China’s tech crackdown