PYMNTS.com August 16, 2024
Ant Group is reportedly in discussions to acquire Haodf.com, a Chinese platform that provides online consultations with doctors.
The Jack Ma-backed FinTech is interested in a deal with such a company because it is seeking new areas in which to grow and is looking to expand its artificial intelligence services in the healthcare field, Bloomberg reported Friday (Aug. 16), citing unnamed sources.
The discussions are in the early stages, according to the report.
Ant Group did not immediately reply to PYMNTS’ request for comment.
Hoadf.com received funding from companies like Tencent Holdings and DCM Ventures and was valued at 6.5 billion yuan (about $907 million) in a 2017 funding round, per the report.
Ant Group has been expanding in AI,...
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