Monday, December 28, 2020

China orders Ant Group to return to online payment roots

Chinese fintech giant Ant Group has been ordered by regulators to drastically change its business model and return to its roots as a payment services provider, as the state squeeze continues on the once unbridled empire of tech tycoon Jack Ma.

source https://techxplore.com/news/2020-12-china-ant-group-online-payment.html