Sources: Jack Ma plans to relinquish control of Alibaba's Ant Group, potentially pushing back Ant's IPO for a year or more; regulators approve of the change (Wall Street Journal)

Wall Street Journal:
Sources: Jack Ma plans to relinquish control of Alibaba's Ant Group, potentially pushing back Ant's IPO for a year or more; regulators approve of the change  —  The shift, long under consideration to reduce governance risks, comes as the Chinese fintech giant seeks to move on from a tough year