Jack Ma Snaps Up Alibaba Stock to Become its Largest Shareowner

Upworthy

24 Jan 2024 0 shares 1 views

Jack Ma Snaps Up Alibaba Stock to Become its Largest Shareowner

Upworthy

Published 24 Jan 2024

Alibaba co-founder Jack Ma has been on a buying spree of the technology giant’s shares, having snapped up millions worth of its beaten-down stock, media reports say. Ma bought $50 million worth of Alibaba’s Hong Kong-traded shares in the fourth quarter of 2023, The New York Times and The South…

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Sources: Jack Ma and Joe Tsai become Alibaba's largest shareholders after buying shares worth ~$50M and ~$150M, respectively, in Q4, together eclipsing SoftBank

Ma, who retired as Alibaba’s executive chairman in 2019, bought about US$50 million of stock in the fourth quarter, raising his..

Upworthy 24 Jan 2024

Jack Ma Snaps Up Alibaba Stock to Become its Largest Shareowner

Jack Ma Snaps Up Alibaba Stock to Become its Largest Shareowner

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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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