July 9, 2026
Ant Group has completed a strategic investment in Chinese health management startup Boohee, reports Caixin. This makes it the largest external shareholder with a stake of more than 28%.
The two companies, which announced the tie-up on Wednesday, plan to co-develop AI health services with a focus on weight management. Following the deal, Boohee founder and CEO Ma Haihua remains the company’s largest shareholder. The first joint feature has already rolled out on Ant Afu, Ant Group’s AI-powered health app. When users take photos of their meals to log calories, the system taps into Boohee’s database to offer tailored dietary guidance.
The transaction marks another step in the fintech giant’s aggressive expansion into the rapidly growing AI healthcare sector, where it is increasingly competing with both domestic tech rivals and global players.