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BEIJING (Reuters) -Ant Group executives are no longer part of Alibaba Partnership, a body that can nominate the majority of the e-commerce giant's board, Alibaba's annual report released on Tuesday
Seven Ant Group executives have left Alibaba Partnership, and the two companies have terminated a data sharing agreement
Ant Group is an affiliate of Alibaba in which the e-commerce giant owns 33%. But the fintech giant has been looking to distance itself since its halted IPO.
By Yingzhi Yang and Brenda Goh BEIJING/SHANGHAI (Reuters) - Ant Group was spun off from Alibaba Group Holding 11 years ago but the two Jack Ma-founded...
BEIJING, June 22 — Ant Group and Alibaba are untangling their operations from each other and independently seeking new business as the Jack Ma-founded companies navigate...