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Ant Group says Jack Ma to relinquish control of company

Summary by The Korea Times

China's Ant Group said on Saturday that its founder Jack Ma will no longer control the Chinese fintech giant after the firm's shareholders agreed to implement a series of shareholding adjustments that will see him give up most of his voting rights.

106 Articles

106 Articles

Jack Ma to give up control of fintech giant Ant Group

The billionaire has seldom been seen in public since criticising China's financial sector in 2020.

4 years ago·London, United Kingdom

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Billionaire Jack Ma ceding control of China's Ant Group

Chinese fintech giant Ant Group says its founder Jack Ma will effectively cede control of the firm.

4 years ago·Tokyo, Japan

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Korrespondent.net

Chinese billionaire Jack Ma loses control of Ant Group

Jack Ma's share in fintech giant Ant Group will fall from more than 50% to 6.2%. The company's statement states that the changes are designed to optimize corporate governance.

4 years ago·Kyiv, Ukraine

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Founder Jack Ma to give up control of Ant

Bringing Taiwan to the World and the World to Taiwan

4 years ago·Taipei, Taiwan

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Jack Ma cedes control of Ant Group

FT: Chinese billionaire’s reduced voting rights mean IPO plans can be rebooted.

4 years ago·Auckland, New Zealand

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Stars and Stripes

China's Ant Group says founder Jack Ma will give up control

E-commerce billionaire Jack Ma will give up control of Ant Group, the leading Chinese financial technology provider he founded.

4 years ago·Washington, United States

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Coverage Details

Total News Sources106

Leaning Left25Leaning Right27Center33Last Updated4 years agoBias Distribution

39% Center

Bias Distribution

39% of the sources are Center

39% Center

+20

+28

+20

Untracked bias

+12

Factuality

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Bloomberg broke the news in New York, United States 4 years ago on Saturday, January 7, 2023.

Sources are mostly out of (0)

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