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While some analysts have said a relinquishing of control could clear the way for the company to revive its IPO, the changes announced by the group on Saturday, however, are likely to result in a further delay due to listing regulations
Ant Group's founder Jack Ma will give up control of the Chinese fintech giant in an overhaul that seeks to draw a line under a regulatory crackdown that was triggered soon after its mammoth stock
Billionaire Jack Ma has relinquished control of Ant Group in a bid to restructure China's largest fintech company and put it back on path for an initial public offering (IPO), the media reported on Saturday.According to the South China Morning ...
Chinese magnate Jack Ma will no longer be the controlling person of Ant Group, the Wall Street Journal reported on Saturday, citing a statement put out by the C
By Yingzhi Yang and Brenda Goh SHANGHAI (Reuters) -Ant Group said on Saturday its founder Jack Ma will no longer control the Chinese fintech giant, as the firm seeks to draw a line under a