Jack Ma’s Ant Moves Ahead With Credit-Scoring Company

jack mas ant moves ahead with credit scoring company

Sumary of Jack Ma’s Ant Moves Ahead With Credit-Scoring Company:

  • Ant Group Co. is setting up a credit-scoring company with state-owned shareholder partners, as the Chinese financial-technology giant presses ahead with its restructuring.
  • Getting this stand-alone company up and running is one of the key steps in Ant’s broader transition to become a financial-holding company, under directions laid out by Chinese regulators earlier this year.

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