Connect with us

Business

EXCLUSIVE China’s Ant explores ways for Jack Ma to exit – Reuters

Ant Group is exploring options for founder Jack Ma to divest his stake in the financial technology giant and give up control, as meetings with Chinese regulators…

Published

on

Article feature image
ADVERTISEMENT

Ant Group is exploring options for founder Jack Ma to divest his stake in the financial technology giant and give up control, as meetings with Chinese regulators signaled to the company that the move could help draw a line under Beijings scrutiny of its business, according to a source familiar with regulators thinking and two people with close ties to the company.
Reuters is for the first time reporting details of the latest round of meetings and the discussions about the future of Ma’s control…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Article feature image
IHOP responds to Adam Sandler with all-you-can-drink milkshakes – Fox News
Article feature image
Elon Musk on Saturday Night Live, explained – The Verge
Article feature image
How Many Bitcoin Wallets Hold More Than $1 Million? – Bitcoin Magazine