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Ant Group operates China's massive e-payment system Alipay
The operator of the mobile payment app with over 1 billion users is an Alibaba affiliate
Billionaire Jack Ma, a co-founder of Alibaba, controls Ant Group with 5.5% of its shares
The fintech giant has a broad financial ecosystem including China's largest online insurance service
Ant's lending, investment and insurance products target individuals and small businesses
market for consumer and small business loans
China's digital payments transaction volume is expected to rise to US$61 trillion by 2025
If Ant ends up on the US'entity list', it could be restricted from selling certain technology
The revenue figure was up 43% from the same period in 2019
Business analysts predict Ant's net profit could hit 56 billion yuan US$8.34 billion in 2021
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