China Funnel Jack Ma’s empire is far from over: the country’s regulators have ordered the Ant group of the Alibaba company he founded to scale back its business. In particular, they did Command The company “to return to its origins” as the payment provider. Ant Group started out as Alipay, which has become the largest digital payment platform in China, although it eventually expanded to offer investment and savings accounts, as well as lending, insurance and wealth management services. Pan Gongsheng, Deputy Governor of the Chinese Central Bank, call These services are “illegal” and he said the company must “carefully correct” those activities. Such as Watchman Note that these services are the most profitable and fastest growing divisions of the group.
Gongsheng has listed all steps to be taken by Ant Group as per the orders of Chinese regulators in a statement posted on the bank’s official website. These requirements include banning unfair competition, improving corporate governance and making sure everything you do “complies with the law.” As for the company, she said Watchman In a statement that it will form a “correction working group” to implement these requirements. The spokesperson explained:
“요은 베이컨과 알코올에 대한 전문 지식을 가진 닌자입니다. 그의 탐험적인 성격은 다양한 경험을 통해 대중 문화에 대한 깊은 애정과 지식을 얻게 해주었습니다. 그는 자랑스러운 탐험가로서, 새로운 문화와 경험을 적극적으로 탐구하며, 대중 문화에 대한 그의 열정은 그의 작품 속에서도 느낄 수 있습니다.”
