Ant Group’s profit fell 79% in the three months ended Dec. 31 as the Alibaba-backed fintech increased investment in artificial intelligence for its healthcare, large language model and payments businesses. Bloomberg calculations based on Alibaba’s earnings report put Ant’s quarterly profit at 1.13 billion yuan, while Alibaba said Ant contributed 375 million yuan in profit to the group. Alibaba owns a third of Ant. [1, 2, 3]
The result marks a sharper pullback after Ant’s profit dropped 91% in the previous quarter. The company has been pushing into AI to find new revenue sources after a regulatory crackdown that ended about two years ago. [2, 3]
Ant has also poured hundreds of millions of dollars into digital healthcare and built robots as it expands beyond payments. Its AQ healthcare app had 140 million users as of September, according to the reports. [2, 3]
Ant’s Singapore-based international arm brought in US$3 billion in revenue in 2024, and revenue at the division grew about 25% in 2025, people familiar with the matter said. The company’s 50%-owned consumer finance affiliate, Chongqing Ant Consumer Finance, has an estimated lending capacity of as much as 620 billion yuan. [2, 3]
Ant’s share repurchase proposal in 2023 valued the company at about US$79 billion, far below the US$280 billion level it sought in its late-2020 IPO attempt. The next concrete benchmark in the company’s reporting is the continued performance of its AI, healthcare and international units in future quarters. [2, 3]
