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Jack Ma to cede control of China’s Ant Group

BEIJING (AFP) – Jack Ma will cede control of Chinese fintech giant Ant Group, the company announced yesterday, following a Communist Party crackdown on the nation’s tech sector that targetted the charismatic billionaire. One of China’s most recognisable entrepreneurs, Ma once exemplified a generation of Chinese technology moguls with his rags-to-riches personal tale and penchant
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