Ant Group Explores Acquisition of Haodf

Ant Group, financially supported by Jack Ma, is in early discussions to purchase Haodf.com, a Chinese online platform connecting patients with doctors. The goal is to strengthen Ant`s AI capabilities in healthcare by integrating its technology with Haodf`s platform. While not finalized and subject to change, this potential acquisition is part of Ant`s strategy to explore new growth opportunities after a restructuring and regulatory challenges impacted its profits. This move aligns with Ant`s broader investment in AI across various applications, including a recent significant investment in an AI video generation startup and the development of AI-powered tools for financial services.