Ant Group reduced its holdings of Orbbec, China’s AI-powered 3D Vision tech firm, and Youon Technology – China’s first publicly-listed bike-sharing company – as it shifted its focus to global markets and emerging technologies. Shanghai Yunxin’s investment arm sold 8.82 millions shares in Orbbec between Jan. 10 and Mar. 14, 2025 to raise about RMB 556,000,000 ($77 million). Ant still holds a 10% stake in Orbbec, despite the sale. Ant Group announced on March 26 that it was reallocating capital away from long-term profitable investments and towards earlier-stage opportunities. These divestments have generated a return of over RMB 775,000,000 ($108,000,000) for the firm. Ant Group also sold a 6% stake to Yang Lei, an investor, for RMB 219 millions ($30 million), reducing Ant Group’s stake from 7.86% down to 1.43%. Ant invested RMB100 million ($14million) in Youon Technology initially in 2014. Youon Technology, a company that has struggled financially in recent years, expects to suffer a net loss between RMB 55 and RMB 80 millions ($7.6 to $11million) by 2024. After a change of ownership, its stock briefly rose but fell 6.22% by March 26 to RMB 18.7 ($2.58).[