China's Ant Group CEO Hu departs amid regulatory-driven revamp

China's Ant Group CEO Hu departs amid regulatory-driven revamp

3 years ago
Anonymous $hYN7Hy7o7J

https://www.reuters.com/article/us-ant-group-ceo/chinas-ant-group-ceo-hu-departs-amid-regulatory-driven-revamp-idUSKBN2B41IO

China's Ant Group Chief Executive Officer Simon Hu has stepped down from his role, the company said on Friday, as the fintech giant is being pushed by regulators to revamp operations after its failed $37 billion initial public offering (IPO).

China's Ant Group CEO Hu departs amid regulatory-driven revamp

Mar 12, 2021, 2:43pm UTC
https://www.reuters.com/article/us-ant-group-ceo/chinas-ant-group-ceo-hu-departs-amid-regulatory-driven-revamp-idUSKBN2B41IO >China's Ant Group Chief Executive Officer Simon Hu has stepped down from his role, the company said on Friday, as the fintech giant is being pushed by regulators to revamp operations after its failed $37 billion initial public offering (IPO).