Ant generated revenue of about 120 billion yuan ($17.10 billion) last year and almost 17 billion yuan in net profit, according to financial documents seen by Reuters. No one alone can do much.âThe company has said it will explore the possibility of rolling out the carbon account modeling on the âAnt Forestâ scheme around the world.In January this year, the Chinese company and the United Nations Environment Program formed the Green Digital Finance Alliance at the World Economic Forum in Davos, Switzerland. And what effects has it had? The latest innovative measure comes from a mobile internet financial service company, the Hangzhou-based Ant Financial Services Group.It is the worldâs first green digital finance alliance according to Ant Financial. The country is predicted to increase its forest coverage to 23 percent of its total land mass within three years, according to a UN report.In August last year, the company launched a scheme called âAnt Forestâ on Alipay, which is one of the countryâs most popular online payment platforms. Bai Xue, Senior Researcher with Ant Financial, says the scheme is very popular with online users.âTechnology, which can be used to mobilize the public, makes public welfare activities easier. Ant Financial Services Group provides online payment platform. : Get the latest Ant Financial stock price and detailed information including news, historical charts and realtime prices. We make their wishes come true with modern technology. Alibaba did not immediately respond to a request for comment.Ant said the information was incorrect.It is looking at selling between 5% and 10% of its shares in an initial public offering, said one of the sources, in what would be one of the world’s biggest listings this year.Ant generated revenue of about 120 billion yuan ($17.10 billion) last year and almost 17 billion yuan in net profit, according to financial documents seen by Reuters.Reporting by Julie Zhu; Additional reporting by Kane Wu; Editing by Jennifer Hughes and Clarence FernandezThe company has been working with its advisers on the planned float in recent months, said the sources, who cautioned that details have yet to be finalized and are subject to change.However, recent years have seen it emphasise its technology prowess amid increased regulatory scrutiny of financial risk.
In the technical report the main emphasis is on Iâve planted four trees with all the energy I gathered in my online Ant Forest account. I think everyone should be involved in public interest activities. Because Iâve been walking every day, I now weigh 100 kilograms.
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ant financial research report