Jack Ma Plans to Cede Control of Ant Group - The Wall Street Journal

The shift, long under consideration to reduce governance risks, comes as the Chinese fintech giant seeks to move on from a tough year.

HONG KONGBillionaire Jack Ma plans to relinquish control of Ant Group Co., people familiar with the matter said, part of the fintech giants effort to move away from affiliate Alibaba Group Holding af… [+386 chars]

full article...