China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
Jack Ma-owned London fintech Worldfirst shifts Asia business away from UK oversight in major shake-up
Aggregated Source: ChinaTechNews.com

J ack Ma-owned London fintech WorldFirst has shifted its Asia business away from UK oversight in a major restructuring, the firm’s accounts published today show.

WorldFirst Asia, a business unit which accounted for around two-thirds of the company’s revenues and 70% of its profits, has been transferred to an Asian subsidiary of billionaire Ma’s Ant Group.

Jack Ma-owned London fintech Worldfirst shifts Asia business away from UK oversight in major shake-up comes via ChinaTechNews.com.

Original URL: Click here to visit original article
Copyright ChinaTechNews.com