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One among China’s most influential tech titans, Ant Group, mentioned on Saturday that its founder, Jack Ma, plans to relinquish management of the corporate.
Ant Group is the fintech sister firm of the e-commerce behemoth Alibaba, one in every of China’s most dear personal corporations and the bedrock of the enterprise empire of Mr. Ma, the nation’s most well-known tycoon.
It is a growing story.
Chang Che contributed reporting and Zixu Wang contributed analysis.
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