Alibaba Buys a Third of Jack Ma’s Ant Financial
An attendant sits at the Alibaba Group Holdings Ltd. Ant Financial booth at the Mobile World Congress Shanghai in Shanghai (Photographer: Qilai Shen/Bloomberg)

Alibaba Buys a Third of Jack Ma’s Ant Financial

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(Bloomberg) -- Alibaba Group Holding Ltd. has bought a third of Ant Financial, the online financial services behemoth controlled by billionaire Jack Ma, augmenting a global array of investments now...
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