Billionaire Jack Ma has given up control of Ant Group Co., China’s biggest fintech platform, which he helped create.
(Bloomberg) — Billionaire Jack Ma has given up control of Ant Group Co., China’s biggest fintech platform, which he helped create.
Ant adjusted its voting rights structure, according to an announcement on Saturday. The change involves giving 10 individuals — including the founder, management and employees — voting rights independently.
More stories like this are available on bloomberg.com
©2023 Bloomberg L.P.