Asset Management and Insurance Business
- Ant's third and fourth revenue stream is its asset management and insurance business.
- Third Leg (Asset Management): Merchants or shoppers with cash in Alipay could get small return by parking it in a money market fund. Later Ant broadened its offerings turning it into China's most powerful distribution channels for investments.
- Fourth Leg (Insurance): Partnering with insurance firms, Ant is collecting fees as a distribution platform.
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