Ant Group's founder Jack Ma will no longer control the Chinese fintech giant after shareholders agreed to implement a series of adjustments. Ma will give up most of his voting rights, the group said ...

Alibaba (NYSE:BABA) rose some 8% Monday in Hong Kong after founder Jack Ma ceded control of sister company Ant Group, whose planned 2020 IPO fell apart when Ma’s criticism of Chinese regulators got ...

Chinese billionaire Jack Ma plans to cede control of Ant Group, the Wall Street Journal reported on Thursday, after a regulatory crackdown that scuppered its $37 billion IPO in 2020 and led to a ...

Alibaba's founder Jack Ma will cede control of its fintech affiliate, Ant Group, as part of changes the company says aim to improve its corporate governance and transparency. The "adjustment" to the ...