Jack Ma’s Ant Financial Made $611 Million of Profit Last Quarter
Credit Card readers sit next to a sign for Ant Financial Services Group’s Alipay at the check out counter of a store in Bangkok, Thailand. (Photographer: Amanda Mustard/Bloomberg)

Jack Ma’s Ant Financial Made $611 Million of Profit Last Quarter

(Bloomberg) -- Ant Financial, the Alibaba affiliate controlled by billionaire Jack Ma, posted 4.3 billion yuan ($611 million) in pretax profit, bolstered by expanding credit financing and technolog...
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