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Intel vil hente hjem produksjon av databrikker - i møte med Det hvite hus
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Ekonomit: Ay-liike on tehnyt ison virheen
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Indonesia Diistimewakan, Ini 7 Fakta Menarik Pameran Dagang Terbesar Dunia Hannover Messe 2021
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SDP:n ja keskustan punamulta-akseli on vaikeuksissa
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Ant Group Announces Overhaul as China Tightens Its Grip
Beijing had accused the internet-finance titan, a sister company of the e-commerce giant Alibaba, of flouting regulations in its quest for growth.
Ant Group’s financial services app, Alipay, has a user base of more than 700 million people in China, giving it huge influence in the country’s financial system.Credit.Alex Plavevski/EPA, via Shutterstock
April 12, 2021Updated 12:16 p.m. ET
China’s fast-moving campaign to curb the power of internet giants has hit its latest mark: Ant Group, the fintech sister company of the e-commerce behemoth Alibaba.
Ant announced on Monday that it would undertake a sweeping, government-ordered overhaul of its business to allay regulators’ concerns about the way it competes with rivals, its large-scale collection of user data and the risks its business may pose to the wider financial system.