Jack Ma cedes control of Chinese fintech giant Ant Group (Igor Bonifacic/Engadget)

Igor Bonifacic / Engadget
Jack Ma cedes control of Chinese fintech giant Ant Group – Chinese billionaire Jack Ma is ceding control of Alipay owner Ant Group. Per The Wall Street Journal, the Alibaba-affiliated company announced it would end agreements that had allowed Ma to hold a dominant position within Ant Groups corporate governance structure. The outspoken entrepreneur previously possessed more than 50 percent of …

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