Chinese billionaire, Jack Ma, to lose control of fintech giant Ant Group
Jack Ma is set to lose his voting rights in the fintech company Ant Group; see why
Jack Ma is set to lose his voting rights in the fintech company Ant Group; see why
Things were going smoothly for Jack Ma and his Alibaba Company early last year until all hell broke loose.
Alibaba shares dropped about 8% in value, trading at a 6-month low in Hong Kong amid a proposed stock repurchase ...
The eCommerce juggernaut seems to be in hot water over its affiliate company, better known as Ant Group,
Ant Group's world's biggest IPO was reportedly halted by the President of China.
Ant Group could see its valuation dropping as much as $150 billion after its public listing was postponed.
Ant Group's world record-setting IPO scheduled to hold in Hong Kong and Shanghai has been suspended.
Ant Group has begun the process of a concurrent initial public offering in what could mark one of the biggest ...
Ant Group now operates Alipay which millions of shoppers use across Alibaba’s e-commerce networks.