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World News@lemmy.ml · 1 year ago

Chinese fintech giant Ant Group gets approval for no-controller status, ending Jack Ma’s reign before seeking IPO

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Chinese fintech giant Ant Group gets approval for no-controller status, ending Jack Ma’s reign before seeking IPO

filoria@lemmy.ml to

World News@lemmy.ml · 1 year ago

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End of Jack Ma’s reign at Ant Group approved by central bank

The People’s Bank of China announced on Saturday that Alipay.com Co has no controller, paving the way for owner Ant Group’s IPO.

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Archive link: https://archive.is/XAplQ