https://www.reuters.com/article/us-china-ant-group/china-extends-crackdown-on-jack-mas-empire-with-enforced-revamp-of-ant-group-idUSKBN2BZ134

China has imposed a sweeping restructuring on Jack Ma's Ant Group, the fintech conglomerate whose record $37 billion IPO was derailed by regulators in November, underscoring Beijing's determination to rein in its internet giants.