![Chinese fintech giant Ant Group spins off database firm OceanBase, giving Alibaba a stake](https://img.easybranches.com/uploads/news/2024/07/chinese-fintech-giant-ant-group-spins-off-database-firm-oceanbase-giving-alibaba-a-stake.jpg)
A new funding round for OceanBase, which develops the database tech behind Alipay, gives 35 companies a stake, paving the way to a possible public listing.
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