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Recently, according to foreign media reports, Ant International—the overseas subsidiary of Ant Group registered in Singapore—is rumored to be planning to raise $1 billion in funds to expedite its business expansion, potentially setting the stage for a Hong Kong listing this year. The valuation for this round of financing is expected to surpass $10 billion. When approached for comment, Ant Group declined to respond. It is reported that Ant International recorded total revenues of $3 billion in 2024, and this figure is projected to rise by approximately 25% year-on-year to $3.75 billion in 2025. Notably, the company has maintained profitability for eight consecutive quarters. Its core product lineup includes Alipay+, Antom, and WorldFirst, all of which are geared towards providing cross-border payment services.
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