Ant Group Quarterly Profit Plunges 60% to $663 Million
The quarterly profit for China’s fintech giant, Ant Group, saw a gigantic decrease of 60.5% to take 4.74 billion yuan (roughly $663 million) for the quarter ending on March 31, 2025. It is a stark contrast to the 5.4 billion yuan ($749 million) profit made in the same quarter a year before.
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