Alibaba Group Holding chief executive Daniel Zhang Yong will head a so-called new economy body that will spearhead joint business initiatives and ensure the long-term interests of the e-commerce giant and affiliate Ant Financial Services. Photo: Handout

Alibaba, Ant Financial to form oversight body to tighten control

  • The steering committee led by the e-commerce giant will spearhead joint business initiatives
  • It will also provide a forum for Alibaba to keep Ant Financial aligned with its e-commerce business
Topic |   Alibaba

TOP PICKS

Alibaba Group Holding chief executive Daniel Zhang Yong will head a so-called new economy body that will spearhead joint business initiatives and ensure the long-term interests of the e-commerce giant and affiliate Ant Financial Services. Photo: Handout
READ FULL ARTICLE