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Ant Group cuts stake in Orbbec and Youon Technology amid investment shift
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TechNode
Between Jan. 10 and March 14, 2025, Ant’s investment arm, Shanghai Yunxin, sold 8.82 million shares in Orbbec, raising about RMB 556 million ($77 million).
On March 26, Ant Group stated that it is reallocating capital from long-term, profitable investments to earlier-stage opportunities.
Ant Group also offloaded a 6% stake in Youon Technology to investor Yang Lei for RMB 219 million ($30 million), reducing its stake from 7.86% to 1.43%.
Ant initially invested RMB 100 million ($14 million) in Youon Technology in 2014.
Youon Technology, which has struggled financially, expects a 2024 net loss of RMB 55 million to RMB 80 million ($7.6 million to $11 million).
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