Ant Workforce Co. completed a process to take away controlling stakeholders nearly a 12 months after billionaire Jack Ma promised to cede his dominance of the Chinese language finance massive. As a part of the method, the Folks’s Financial institution of China granted an software to take away any controlling shareholders at Ant’s Chinese language cost platform Alipay, consistent with a observation from the central financial institution. The financial institution now lists Ant’s Alipay as a company with out a real controller.
