Tech

Jack Ma Ali rebrands some credit offerings as part of the overhaul

Ant Group Co. has begun to clarify whether customers are borrowing from outside lenders or from the company itself, as Jack Ma’s financial technology giant continues. Comply with Chinese regulations..

Ant provided a widespread consumer credit service to Chinese consumers and small businesses through the payment and lifestyle app Alipay before Beijing cut its wings. These products were one of the main reasons Chinese regulators discontinued the blockbuster initial public offering just two days before their scheduled listing in November last year.

Jack Ma Ali rebrands some credit offerings as part of the overhaul

Source link Jack Ma Ali rebrands some credit offerings as part of the overhaul

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