Ant Group to Become Financial Holding Company

Posted on 04/12/2021


Ant Group (formerly Ant Financial) is the fintech group controlled by Jack Ma. Ant Group will restructure as a financial holding company. Ant Group runs Alipay. In a statement, Ant Group said it would do the following: 1. Apply to set up a financial holding company to ensure its financial-related businesses are fully regulated. 2. […]

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