Exclusive: China's Ant to hive off credit data in revamp; sees IPO in 2 years - sources

Exclusive: China's Ant to hive off credit data in revamp; sees IPO in 2 years - sources

5 years ago
Anonymous $K6XgmDN5_o

https://www.reuters.com/article/us-china-ant-group-exclusive/exclusive-chinas-ant-to-hive-off-credit-data-in-revamp-sees-ipo-in-2-years-sources-idUSKBN2A41FF

Ant Group Co plans to spin off its consumer-credit data operations, people with knowledge of the matter said, a concession to aggressive regulators that should help the Chinese fintech giant get its massive public share sale back on track.