Jack Ma, Joe Tsai replace SoftBank as Alibaba's largest shareholders by scooping up tech giant's tumbling shares in Hong Kong, New York

Jack Ma, Joe Tsai replace SoftBank as Alibaba's largest shareholders by scooping up tech giant's tumbling shares in Hong Kong, New York

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Jack Ma and Joe Tsai, the co-founders of Alibaba Group Holding, have emerged as the two largest shareholders of the e-commerce giant they founded in 1999, by aggressively scooping up its tumbling shares in New York and Hong Kong. Ma, who retired as Alibaba's executive chairman in 2019, bought…

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