Alli Pay Becomes Ant Financial Entity

Alli pay becomes ant financial. So they start talking about passing new regulation that all financial entities have to be owned a hundred % by chinese nationals, both entities n persons. Jack transfers ali pay outside of Ali baba group into a new entity that he and joe and other others control. And they transfer it for a value of 51 million dollars by any measure,. probably not a accurate reflection of the true value of holly pay which is now the biggest bank in China.

Transcript

Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.