Ant Group CEO Han Xinyi issued an all-staff letter on September 21, announcing organizational adjustments and personnel appointments at Alipay to accelerate the company's push into AI agent commerce. Under the restructuring, the Alipay Business Group, the Digital Payment Business Group, and the Sesame Credit Business Unit will be consolidated into a newly formed Alipay Business Group, with Wu Minzhi appointed as its President while also serving as Ant Group's Chief People Officer.
In the letter, Han Xinyi stated that with the rapid advancement and deeper industry penetration of AI technology, the AI agent commerce sector is experiencing explosive growth, and Alipay's previously introduced "dual flywheel" strategy is precisely designed to seize this moment. Over the past three years, Alipay has made continuous investments across AI-powered payments and agent trust mechanisms, AI wallets, the personal life assistant "Abao," the offline "Tap" feature, and multi-device ecosystems, laying a solid foundation for the coming era of AI agent commerce.
Relevant data shows that these business initiatives have grown rapidly. Within three months of its launch, Abao completed AI-powered upgrades for over 10,000 services and achieved cross-device connectivity across smartphones, car systems, smartwatches, and smart glasses. AI payments have established a comprehensive full-stack AI payment product system and become the first to process 300 million AI-powered transactions. The "Tap" feature has rapidly expanded its offline payment market share, creating a new digital operations entry point for merchants.
The core objective of this organizational adjustment is to further consolidate technological, product, and ecosystem capabilities while strengthening the merchant service system — ensuring every user has an AI wallet and life assistant, enabling every merchant to better serve customers and drive business growth through Alipay's AI open platform, and making Alipay's AI agent commerce ecosystem more convenient, secure, and trustworthy in the AI era.
Wu Minzhi joined Ant Group in August 2021. Prior to that, she spent more than 20 years at Alibaba Group, where she held roles including President of Alibaba's International Trade Business Group, President of the B2B Business Group, and Alibaba's Chief Customer Officer, bringing extensive commercial experience to her new position.
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