Ant Group says Jack Ma to relinquish control of company

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.

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.

Founder Jack Ma to give up control of Ant

Bringing Taiwan to the World and the World to Taiwan

Jack Ma cedes control of Ant Group

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

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.

Alibaba Founder Jack Ma Set To Cede Control In Ant Fintech Venture — Will Shelved IPO Be Revived? - Alibaba Group Holding (NYSE:BABA)

Alibaba Group Holding Limited (NYSE: BABA) founder Jack Ma is reportedly planning to give up control of the e-commerce giant’s Ant Financial sister company. What Happened: Ma’s 10% stake in Ant will drop to 6.2% under the proposed plan, Reuters reported. His related entities also have equity interests in Ant, which together give him a controlling stake in the fintech company, that will change as part of the overhaul, the report said. The deve…