Jack Ma to cede control of China's Ant Group

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Jack Ma to cede control of China's Ant Group​

by Matthew WALSH
JANUARY 7, 2023

Jack Ma will cede control of Chinese fintech giant Ant Group, the company announced Saturday, following a Communist Party crackdown on the nation's tech sector that targeted the charismatic billionaire.

One of China's most recognizable entrepreneurs, Ma once exemplified a generation of Chinese technology moguls with his rags-to-riches personal tale and penchant for public showmanship.

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Jack Ma to cede control of China's Ant Group

Jack Ma will cede control of Chinese fintech giant Ant Group, the company announced Saturday, following a Communist Party crackdown on the nation's tech sector that targeted the charismatic billionaire.
techxplore.com
 
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