Jack Ma to cede control of China’s Ant Group


BEIJING (Jan 7): Jack Ma will cede control of Chinese fintech giant Ant Group, the company announced today, following a Communist Party crackdown on the nation’s tech sector that targeted the charismatic billionaire. One of China’s most recognisable entrepreneurs, Ma once exemplified a generation of Chinese technology moguls with his rags-to-riches personal tale and penchant [...]

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