China's Ant Group said to plan sale of US-based EyeVerify

Ant Group's Hangzhou Headquarters. Source: Ant Group

China’s Ant Group Co Ltd is planning to sell U.S.-based biometric security firm EyeVerify amid growing tensions between Beijing and Washington over China’s technology companies and tightening scrutiny over U.S. data, the Financial Times reported on Tuesday.

Ant, the fintech affiliate of Alibaba Group Holding Ltd, is in talks with a number of potential buyers in the United States, the FT report said, citing sources.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter