Jack Ma unplugs his career juke box with Ant Group

@ 2023/01/09
That music's lost its flavour, provide another flavour

Jack Ma will cede control of Chinese fintech giant Ant Group following a Communist Party crackdown on the nation's tech sector that targeted the charismatic billionaire.

Ma once exemplified a generation of Chinese technology moguls with his rags-to-riches personal tale and penchant for public showmanship.

But the former English teacher has retreated from public view since Beijing shut down Ant's planned initial public offering in Hong Kong in 2020 following his barbed comments about government regulators.

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