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