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China's Ant Group explores ways for Jack Ma to exit: report

China s Ant Group explores ways for Jack Ma to exit: report
Officials from the central bank, People s Bank of China (PBOC), and financial regulator China Banking and Insurance Regulatory Commission (CBIRC) held talks between January and March with Ma and Ant separately, where the possibility of the tycoon s exit from the company was discussed
Reuters | April 18, 2021 | Updated 09:22 IST
Ant Group is exploring options for founder Jack Ma to divest his stake in the financial technology giant and give up control, as meetings with Chinese regulators signalled to the company that the move could help draw a line under Beijing s scrutiny of its business, according to a source familiar with regulators thinking and two people with close ties to the company. ....

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Jack Ma: Latest Jack Ma News, Designation, Education, Net worth, Assets

Jack Ma s Journey so far .
Fascinated by the English language, Jack Ma (or Ma Yun) learned it by himself at the age of 12. He worked as a tour guide for English-speaking visitors and eventually went on to work as an English teacher
This fascination helped him with his first business. In 1994, he started a company which provided English translation and interpretation services
Ma realised the potential of the Internet after being introduced to the technology during a visit to the United States
In 1995, he found an internet-based company called China Pages. It was one of the first internet ventures in China and helped small businesses create their own websites ....

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