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CoinGape
2023-01-07 10:13:02

Chinese Billionaire Jack Ma Gives Up Control Of Fintech Giant Ant Group

Chinese Billionaire Jack Ma Gives Up Control Of Fintech Giant Ant Group

Alibaba co-founder and CEO Jack Ma will no longer control the Chinese fintech giant Ant Group. Fintech giant’s shareholders voted to implement a series of adjustments that will see the billionaire’s departure from Ant Group, Reuters reported. Chinese regulators had stopped Ant Group’s planned $37 billion IPO in Hong Kong in 2020. Jack Ma controlled The post Chinese Billionaire Jack Ma Gives Up Control Of Fintech Giant Ant Group appeared first on CoinGape .

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