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[Article] Jack Ma’s Open Banking Strategy Gets a Boost From Lockdown

The number of customers paying for Ant to help them build mobile apps and provide cloud computing power jumped by 175% in the two months through April


“The bigger banks might want to build their own private cloud, but we’re targeting the smaller lenders who might not have the budget to build their entire online infrastructure from scratch,” Liu Xin, who oversees Ant Group’s cloud unit, said in an interview.


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