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Sources: Jack Ma plans to relinquish control of Alibaba's Ant Group, potentially pushing back Ant's IPO for a year or more; regulators approve of the change (Wall Street Journal)

Posted on by Editorial Team
28
Jul



Wall Street Journal:

Sources: Jack Ma plans to relinquish control of Alibaba’s Ant Group, potentially pushing back Ant’s IPO for a year or more; regulators approve of the change  —  The shift, long under consideration to reduce governance risks, comes as the Chinese fintech giant seeks to move on from a tough year



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