Ant Group

CEO of China’s Ant Group steps down

CEO of China’s Ant Group steps down

The chief executive of Chinese fintech giant Ant Group has stepped down for “personal reasons”, a spokesperson from the Alibaba-affiliated online payment provider said Friday, amid growing regulatory scrutiny. Simon Hu has been replaced as CEO by Ant Group executive Eric Jing, according to the company’s updated website, just months after Chinese authorities pulled the […]