Ant Group Announces Overhaul as China Tightens Its Grip April 12, 2021 +5 a sister company of the e-commerce giant Alibaba Beijing had accused the internet-finance titan IFTTT NYT NYT > Business NYTimes of flouting regulations in its quest for growth. a sister company of the e-commerce giant Alibaba Beijing had accused the internet-finance titan IFTTT NYT NYT > Business NYTimes of flouting regulations in its quest for growth.