Sunday 16 May 2021
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channelnewsasia - 1 month ago

China reins in Jack Ma s Ant Group with enforced revamp

BEIJING: China has imposed a sweeping restructuring on Jack Ma s Ant Group, the fintech group whose record US$37 billion IPO was derailed by regulators in November, underscoring Beijing s determination to rein in its Internet giants. The overhaul, which has been in the works for several months ...


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