January 24, 2024 BY Elizabeth Anderson

Alibaba co-founder and chair buys significant chunks of BABA shares

Reportedly, Ma, who had a $24.6bn net worth as of 23 January, forked out $50m for his company’s Hong Kong traded stock. The same report also indicated Tsai used his Blue Pool Management family enterprise to buy around $151m of Alibaba’s US-traded stock. According to Reuters, the Chinese business magnate’s media management division, the Jack…

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