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Ant Group

Ant Group latest

Ant Group Jack Ma cedes
January 8th, 2023 - 08:23 GMT

Jack Ma relinquishes control of China's Ant Group

ALBAWABA — Jack Ma will relinquish control of Chinese fintech giant Ant Group, the company announced on Saturday. The move comes in response to a Communist Party crackdown on China's tech sector that targeted the billionaire. Ma led a generation of Chinese tech moguls with his tale of rags-to-riches and partiality for public showmanship but fell from grace quickly. In a speech at a summit in Shanghai, Ma said banks ...
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Chinese Investors Pour Cash into Alibaba's Fintech Arm IPO
September 28th, 2020 - 11:00 GMT

Chinese Investors Pour Cash into Alibaba's Fintech Arm IPO

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