Alibaba fintech arm Ant Group buys Chinese health platform HaoDF

SHANGHAI — Fintech heavyweight Ant Group, backed by Chinese e-commerce conglomerate Alibaba Group Holding, has completed its takeover of Chinese online healthcare platform Haodf.com.

An affiliate of Ant became the full owner of HaoDF's operating company as of Wednesday, according to Chinese registry data. HaoDF founder Wang Hang is no longer a shareholder of the company.

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