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Wednesday, February 21, 2024

Ant Group founder Jack Ma to give up control in key revamp

SHANGHAI/HONG KONG, Jan 7 (Reuters) – Ant Group’s founder Jack Ma will give up control of the Chinese fintech giant in an overhaul that seeks to draw a line under a regulatory crackdown that was triggered soon after its mammoth stock market debut was scuppered two years ago. Ant’s $37 billion IPO, …

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