Jack Ma Might Step Away From Ant Group
Posted on 07/29/2022
Chinese nillionaire Jack Ma plans to relinquish control of Ant Group Co. This is part of Ant Group moving away from its affiliate Alibaba Group Holding Limited. Chinese government authorities prevented Ant Group’s US$ 34 billion-plus initial public offering in 2020. The Chinese technology sector has been under intense regulatory pressures over the past 18…
