HomeAnt Group founder Jack Ma to give up control in key revampFILE PHOTO: FILE PHOTO: Jack Ma, founder and executive chairman

FILE PHOTO: FILE PHOTO: Jack Ma, founder and executive chairman

FILE PHOTO: Jack Ma, founder and executive chairman of China's Alibaba Group, speaks in front of a picture of SoftBank's human-like robot named 'pepper' during a news conference in Chiba, Japan, June 18, 2015. REUTERS/Yuya Shino/File Photo/File Photo