Ant Group Builds Government Relations Team for Asia Push

Ant Group Builds Government Relations Team for Asia Push

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Interactive Video

Business

University

Hard

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The video discusses Ant's shift from a domestic focus to international expansion, emphasizing the importance of digital wallets and payments in their overseas strategy. Ant is setting up a team to engage with regulators, especially in Southeast Asia. They rely on local partners for digital wallets and plan to export technology for cross-border remittance. However, Ant faces regulatory challenges in China as it transitions into a financial holding company, with ongoing scrutiny and requirements from the Central Bank.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of digital wallets in Ant's overseas ambitions?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Ant's current strategy regarding its overseas partners?

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