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Ant Group's Global Unit Posts US$3 Billion Revenue Ahead of Planned Spinoff - Fintech Singapore

Summary by Fintech Singapore
Ant Group’s international division generated nearly US$3 billion in revenue for 2024, Bloomberg reported, as the fintech giant prepares to spin off the unit following a broader reorganisation of its business. Singapore-based Ant International also recorded two consecutive years of adjusted profit, according to people familiar with the matter. The company has not disclosed how it calculates adjusted EBITDA, a metric that typically excludes non-re…
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Fintech Singapore broke the news in on Tuesday, May 20, 2025.
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