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Reuters
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Alibaba filing: Jack Ma's family trust plans to sell 10M American Depository Shares of Alibaba for around $871M; BABA drops 8%+
Akash Sriram / Reuters :
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Sources: Jack Ma's Ant Group has reached an agreement with Chinese regulators to turn Ant into a financial holding company, subject to bank capital requirements
2021-02-03
Bloomberg
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Sources: Jack Ma's Ant Group has reached an agreement with Chinese regulators to turn Ant into a financial holding company, subject to bank capital requirements
- Ma's fintech giant will become a financial holding company — Ant is still exploring a potential IPO, but timeline unclear
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