A Glance at Ant Group and Tencent's Insurance Technology Ventures
The wave of fintech has spread to the insurance industry, giving rise to the 'Insurtech' and the related niche markets. However, in China, the insurance penetration rate (2.7%) and premium per capita (USD 47) are both lagging, leaving much room for potential. Chinese Big Tech is seizing this opportunity and the competition is just getting started.
Aug 11, 2021 04:44 PM
Ant Group's Fund Management Service Yu'ebao: Capitalizing on China's Vast Market
Investment-tech is a newly rising trend that improves the retail investment experience, while also enhancing the asset management industry. It cultivates various services ranging from automated and semi-automated robo-advisors to self-service investment platforms, providing diversified investing channels for individuals.
Jul 28, 2021 06:20 PM