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China's Central Bank Agrees to Ant Group's Exit from Controlling Alipay

Minggu, 31 Desember 2023 | 14:05 WIB
China's Central Bank Agrees to Ant Group's Exit from Controlling Alipay

ILUSTRASI. Alipay logo is pictured at the Shanghai office of Alipay, owned by Ant Group which is an affiliate of Chinese e-commerce giant Alibaba, following the coronavirus disease (COVID-19) outbreak, in Shanghai, China September 14, 2020. REUTERS/Aly Song

Sumber: South China Morning Post,Reuters | Editor: Syamsul Azhar

KONTAN.CO.ID - BEIJING. The Central Bank of China has agreed that Ant Group, a company owned by Jack Ma, no longer has controlling status in China's most popular payment application, Alipay.   

Ant Group decided to withdraw from controlling Alipay after a comprehensive business restructuring process from Jack Ma's company, the fintech giant that owns the application.

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