Ant Group restructures Alipay around AI agents, CEO sees 'explosive' agentic commerce growth
pstAsiatech · x · 2026-09-24
Ant Group has merged its Digital Payment, Alipay and Zhima Credit business groups into a new Alipay unit led by veteran Wu Minzhi, per an internal letter from CEO Cyril Han Xinyi. Han said agentic commerce is entering a phase of "explosive, large-scale growth," with the restructuring aimed at consolidating tech, product and ecosystem capabilities to drive AI-focused growth.
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