Billionaire Jack Ma plans to cede control of China's Ant Group - WSJ - Reuters
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7/28/2022 12:00:00 AM2 years 9 months ago
Chinese billionaire Jack Ma plans to cede control of Ant Group, the Wall Street Journal reported on Thursday, after a regulatory crackdown that scuppered its $37 billion IPO in 2020 and led to a forced restructuring of the financial technology behemoth.
HONG KONG/BEIJING, July 28 (Reuters) - Chinese billionaire Jack Ma plans to cede control of Ant Group, the Wall Street Journal reported on Thursday, after a regulatory crackdown that scuppered its $3… [+3513 chars]
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