Jack Ma (Alibaba) Giving up

Jack Ma (Alibaba) Giving up

Written By

Kunal

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According to reports, billionaire Jack Ma intends to relinquish leadership of Ant Group.

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According to the Wall Street Journal, Chinese billionaire Jack Ma intends to relinquish control of Ant Group by selling.

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Doing this by selling his stake in Hangzhou Yunbo Investment Consultancy, which holds a monopoly over the fintech behemoth.

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Jack Ma and Ant Group of Ali Baba

According to the report, Ma might delegate his vote rights to executives at Ant, including CEO Eric Jing.

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Ant Group, The Billionaire JACK

Billionaire Jack Ma planning to give up control

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Jack a True Soul

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I still remember his famous quote from the Day 1 when i started Backdroid:

Quote of Jack Ma - Ali Baba

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Today is hard, tomorrow will be worse, but the day after tomorrow will be sunshine.

All Image source: Unsplash.com

Ant Group's $37 billion IPO in 2020 had been postponed due to regulatory action.

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Ant Group, The Billionaire JACK

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We Want NOTHING Expect Your affection. Your willingness to Remember us. Backdroid, Thanks you.