Explainer: What's next for Jack Ma's Ant Group after China orders revamp?

3 years ago
Anonymous $4BDEsVAtYS

https://www.reuters.com/article/us-china-ant-group-restructuring/explainer-whats-next-for-jack-mas-ant-group-after-china-orders-revamp-idUSKBN2C60IS

China has imposed a sweeping restructuring plan on Jack Ma's Ant Group, the fintech conglomerate whose record $37 billion IPO was derailed by regulators in November, that will see the group become a financial holdings company among other things.

Explainer: What's next for Jack Ma's Ant Group after China orders revamp?

Apr 19, 2021, 7:20am UTC
https://www.reuters.com/article/us-china-ant-group-restructuring/explainer-whats-next-for-jack-mas-ant-group-after-china-orders-revamp-idUSKBN2C60IS >China has imposed a sweeping restructuring plan on Jack Ma's Ant Group, the fintech conglomerate whose record $37 billion IPO was derailed by regulators in November, that will see the group become a financial holdings company among other things.