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Friday, April 26, 2024

Chinese Billionaire Jack Ma To Cede Control Of Fintech Giant Ant Group: WSJ

Jack Ma plans to cede control of his fintech giant Ant Group, according to a Wall Street Journal report, as the company seeks to ameliorate concerns raised by regulators that derailed its massive $37 billion initial public offering plan almost two years ago. Ma, a 57-year-old former English teacher …

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