Ant Group quarterly profits rise 1% on year

BABA•2026-08-20

AI and health push continues

The fintech giant has been attempting to pivot towards agentic commerce, digital health and embodied AI services in recent years, with its hugely popular AQ AI personal health app. It said in June that it spent a record $5.17 billion on AI R&D in 2025. Ant Group declined to comment on its earnings.

Quarterly profit rises 1% year-on-year

Aug. 20 (Reuters) - Alibaba's financial subsidiary Ant Group's quarterly profits rose 1% year-on-year to around 4.7 billion yuan ($698 million) in the quarter ending June 30, Reuters calculations from Alibaba's quarterly earnings report showed.

Ant Group quarterly profits rise 1% on year

AI and health push continues

Quarterly profit rises 1% year-on-year

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