Press "Enter" to skip to content

Alibaba’s Jack Ma, Joe Tsai Pledge Shares for Loans, FT Reports

https://www.bloomberg.com/news/articles/2021-07-02/alibaba-s-jack-ma-joe-tsai-pledge-shares-for-loans-ft-reports
Alibaba Group Holding Ltd.’s largest individual shareholders Jack Ma and Joe Tsai pledged parts of their combined $35 billion stake in the e-commerce giant in exchange for significant loans from banks, the Financial Times reported, citing company documents.

More from BusinessMore posts in Business »
More from UncategorizedMore posts in Uncategorized »