Skip to main content

Jack Ma to Handover Ant Group’s Control as Part of Company’s Restructure

Chinese billionaire Jack Ma will cede control of fintech giant Ant Group as part of a restructure, the company announced Saturday. Regulators this week announced that Ant had won approval to raise CNY 10.5 billion (roughly Rs. 12,300 crore) for its consumer finance arm in a further sign that authorities may be loosening their grip on the firm.

from Gadgets 360 https://ift.tt/yvtnRU8
https://ift.tt/AfKTxoY
Labels:

Comments

Post a Comment

Popular posts from this blog

Poco C31 to Launch in India Today: Livestream Details, Expected Specifications

Poco C31 will be launching in India today at 12pm IST (noon), as per the microsite on Poco's website. The smartphone will be powered by a MediaTek Helio G35 SoC that is paired with 4GB of RAM. Additionally, it will get a fingerprint scanner and a face unlock feature. Apart from this, no information is available on the specifications of the smartphone. from Gadgets 360 https://ift.tt/3ATNfxm https://ift.tt/eA8V8J
Post a Comment
Read more