China's Central Bank Tells Ant Group To Concentrate On Payments Business
PYMNTS
DECEMBER 27, 2020
The regulations will mean that Ant, one of the most valuable startups in the world, will have to rein in its inroads into lucrative areas of business. Ant said it appreciated the bank's statements and would work toward complying, including putting together a timetable and plan of action, WSJ writes.
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