Upping the ante

7 February 2018 By Robyn Mak

Jack Ma’s group will get one-third of his $60 bln fintech unit. This builds on an earlier deal to placate investors after he seized part of the business, blaming foreign ownership restrictions. The move simplifies the duo’s relationship and suggests Beijing’s stance has softened.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)