Published 05/14/2024 11:03:18 a.m.

Jack Ma-Backed Ant’s Profit Fell 19% as Regulations Curb Growth

Summary by Bloomberg

Ant Group Co.’s quarterly earnings fell 19% as the Chinese fintech pioneer founded by Jack Ma struggles to find new drivers of growth following regulatory clampdowns at home.

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Bloomberg

Jack Ma-Backed Ant’s Profit Fell 19% as Regulations Curb Growth

Ant Group Co.’s quarterly earnings fell 19% as the Chinese fintech pioneer founded by Jack Ma struggles to find new drivers of growth following regulatory clampdowns at home.

05/14/2024 11:03:18 a.m.·United States

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