Is China & Ant Group Planning To Make Jack Ma Sell His Stakes And Give Up Control?

Is China & Ant Group Planning To Make Jack Ma Sell His Stakes And Give Up Control?

Ant Group denied a report that the Chinese finance-technology company is exploring ways for founder Jack Ma to sell his stake and give up control as a means to ease pressure from the country’s regulators. China is tightening its grip over Ma to make an indelible mark of authority on the country’s tech industry. What is this tussle between the Chinese government, Ant group and Jack Ma? #JackMa #ChinaJackMa #AlibabaGroup #Alipay #AntGroupJackMa Crux is your daily dose of the big, viral and relevant news in a few minutes. It’s your ultimate guide to staying informed on the latest in politics, international relations, sports, entertainment and social media Follow CRUX on Instagram (@crux.india): https://bit.ly/3qSFx1K Follow CRUX on Facebook: https://bit.ly/2Lte7iF #GetCloserToTheNews with latest headlines on politics, sports and entertainment on news18.com https://bit.ly/2Y4QccL Also watch: Crux One Take: https://bit.ly/3oNaLWf Crux Files: https://bit.ly/3mnbnjW Crux BTS: https://bit.ly/3oCjbQE