Ping An Cloud

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Ping An Group strives to become the world’s leading technologypowered personal financial services group. Ping An Technology is the technology development and driving division of Ping An Group, which invests 1% of its revenue a year in R&D (equivalent to USD1.5bn in 2017). Cloud is a centre piece of the Ping An Technology drive, along with the development of AI and Fintech applications, and Blockchain. In the coming decade, Ping An Group plans to pursue “Finance + Technology” and explore “Finance + Ecosystem”. Focusing on two major industries of pan financial assets and pan health care, the Group plans to create new growth drivers by applying innovative technologies to traditional financial businesses and five ecosystems, i.e. financial services, health care, auto services, real estate services, and smart city services. Ping An Group provides more than 500 million internet users and 180 million retail customers with financial products and services by exploiting local advantages in line with global corporate governance standards under an integrated financial business model of “one customer, multiple products, and onestop services”.