Ant Group completes strategic investment in Mint Health, holding over 28% and becoming the largest external shareholder

On July 8, Ant Group and Mint Health jointly announced that they have reached a major strategic investment cooperation. After the transaction is completed, Ant Group will become Mint Health’s largest external shareholder, with a stake of over 28%. Mint Health’s founder and CEO, Ma Haihua, will continue to remain the company’s largest shareholder. The two sides will work together to build professional-grade AI health services around core scenarios such as weight management.

At present, the first set of features has been launched in the Ant Fortune (Ant Afoo) app. When users take a photo of their meal records, the system will call on Mint Health’s dietary database to provide more professional dietary guidance.

Mint Health has been deeply focused on vertical areas such as weight management, nutritional interventions, and chronic disease prevention and control for nearly 20 years. It has served 200 million registered users and 30 million annual active users, and its food database includes more than 1.6 million food data entries.

One side is a leading platform in a niche track, and the other is an AI ecosystem with hundreds of millions of users—highly complementary. It was revealed that after the two sides began cooperation talks, they reached an agreement on the equity investment within just a few months.