Embattled Chinese billionaire Jack Ma may divest his Ant Group stake and give up control, reports say


Source: businessinsider.in businessinsider.in

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Jack Ma. Wang HE/Getty Images Jack Ma, founder of Ant Group , reportedly may give up his stake in the company, Reuters reported. Ma's tech empire came under increased scrutiny in the wake of his public comments on regulations. Ant Group executives and Chinese regulators are seeking a way forward for the tech giant. Chinese billionaire Jack Ma , the founder of Ant Group, reportedly may give up his stake in the company, Reuters reported. The move is one option being discussed as Ant Group executives and Chinese regulators seek to find a way forward for the embattled tech giant....