China鈥檚 Ant Group invested $3.26 billion in R&D in 2024

By Reuters

China鈥檚 Ant Group invested $3.26 billion in R&D in 2024

SHANGHAI: Chinese financial technology firm Ant Group said on Monday that it has increased investment in research and development (R&D) for four consecutive years since 2021, reaching a record high of 23.45 billion yuan ($3.26 billion) in 2024.

China鈥檚 Ant Group to sell 4% stake in India鈥檚 Paytm for $242mn, term sheet shows

The company made the disclosure in its 2024 sustainability report.

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