Chinese Regulator Orders Ant Group to Conduct Major Overhaul, Cease Anti-monopoly Practices

Chinese regulators have ordered Ant Group, a financial affiliate of ecommerce giant Alibaba Group Holding, to become a financial holding company to ease financial oversight amid stepped up scrutiny of technology firms.

from Top Business News- News18.com https://ift.tt/2OEW8I2
via IFTTT