Jack Ma cedes control of Chinese fintech giant Ant Group

Engadget
By Igor BonifacicJan 7, 2023, 3:49 pm283 pts
Chinese billionaire Jack Ma is ceding control of Alipay owner Ant Group. Per The Wall Street Journal , the Alibaba-affiliated company announced it would end agreements that had allowed Ma to hold a dominant position within Ant Group’s corporate governance structure. The outspoken entrepreneur previously…

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