Ant Group cuts stake in Orbbec and Youon Technology amid investment shift · TechNode

Ant Group cuts stake in Orbbec and Youon Technology amid investment shift · TechNode

Ant Group has reduced its holdings in Orbbec, a Chinese AI-powered 3D vision tech firm, and Youon Technology, known as China’s first publicly listed bike-sharing company, as it shifts its focus to emerging technologies and global markets. Between Jan. 10 and March 14, 2025, Ant’s investment arm, Shanghai Yunxin, sold 8.82 million shares in Orbbec, raising about RMB 556 million ($77 million). Despite the sale, Ant remains Orbbec’s second-largest …