Sources: Jack Ma and Joe Tsai become Alibaba's largest shareholders after buying shares worth ~$50M and ~$150M, respectively, in Q4, together eclipsing SoftBank
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Ma, who retired as Alibaba’s executive chairman in 2019, bought about US$50 million of stock in the fourth quarter, raising his stake beyond the 4.3 per cent reported at the end of 2021, to become the largest single shareholder, according to sources familiar with the matter. Joe Tsai, who took…
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