China’s Ant Group Mulling Creation Of New Consumer Loan Unit
PYMNTS
JANUARY 7, 2021
China’s Ant Group is mulling the creation of a new consumer loan unit that would allow it to continue making loans throughout the country while complying with new Chinese banking regulations. Ant Group had planned to go public for $35 billion, which would have made it the largest IPO in market history. China TransInfo Technology Corp.
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