Ant Group consolidates Alipay operations in big bet on AI ‘agentic commerce’

SCMP TechSeptember 22, 2026en

Chinese fintech giant Ant Group has revamped its online payments operations by creating a new business group for Alipay, as it sharpens its artificial intelligence focus on “agentic commerce” to drive new growth. Ant, an Alibaba Group Holding affiliate, merged its Digital Payment Business Group, Alipay Business Group and Zhima Credit Business Group into a new business unit dedicated to Alipay, according to an internal letter from CEO Cyril Han Xinyi on Monday, according to a report by Chinese...

This is a short summary published by AI Global Wire. The full article is owned and hosted by SCMP Tech — open it there to read it in full.

• Agenter