HONG KONG -- Alibaba Group Holding and its fintech affiliate Ant Group have axed staff transfers as part of a wider splitting of ties on the back of a Beijing-imposed restructuring, a person familiar with the matter told Nikkei Asia.
China tech
China's Alibaba and Ant Group end staff transfers as duo split ties
Halting intercompany transfers part of wider Beijing-ordered restructuring
Alibaba and fintech affiliate Ant Group have been gradually cutting ties after Beijing ordered Ant to undergo a sweeping restructuring. (Source photos by Getty Images)
Read Next
.JPG?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
Latest on China tech
