Breaking: Simon Hu Steps Down as CEO of Ant Group

Simon Hu, since his early involvement with the iconic mobile payment system Alipay, has enjoyed a long career with the firm. (Source: Shine)

Ant Group CEO Simon (Xiaoming) Hu on Friday evening announced that he would be stepping down from his role at the firm, after an internal email was obtained by domestic media outlet 36Kr.

Following the move, current …