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Ant Group's close ties with Alibaba to endure post
A&T Capital
A&T Capital
A&T Capital
Ant Group
Since 2017, Alipay has rolled out Alibaba-owned food delivery service Ele.
On 15 January 2021, Ant Group announced that it will overhaul its business structure in accordance with the Chinese central bank and its financial regulators' wishes.
Spun off from Alibaba in 2011, Ant Group is 33% owned by its former parent, while Alibaba founder Jack Ma holds a 50.
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