Sources: Jack Ma and Joe Tsai become Alibaba's largest shareholders after buying shares worth ~$50M and ~$150M, respectively, in Q4, together eclipsing SoftBank
Zhou Xin / South China Morning Post :
Internal Alibaba memo: Jack Ma has not yet sold any Alibaba stock due to the price not reaching his desired level; Ma planned to sell 10M shares for ~$870M
- Ma earlier planned to sell 10 million shares this week — Alibaba's overhaul in doubt after canceling cloud spinoff
Ant Group is proposing a buyback of up to 7.6% of shares at a ~$78.5B valuation, almost 70% lower than the $280B market capitalization of its scrapped 2020 IPO
Jack Ma-backed Ant Group Co. is proposing to buy back as much as 7.6% of shares in an effort to retain talent and offer an exit …
China's Ant Financial ups offer for MoneyGram by 36% to $1.2B; MoneyGram board approves deal
Ant Financial raised its agreed offer for MoneyGram International Inc. by 36 percent as the financial-services company controlled by Chinese billionaire Jack Ma tries to top a competing offer.
Alibaba's Ant Financial buys US-based international money transfer service MoneyGram for $880M, an 11.5% premium to MoneyGram's Wednesday closing price
Ant Financial, the Alibaba affiliate controlled by billionaire Jack Ma, is close to sealing a deal to buy U.S. money-transfer service …
Netflix in talks with Jack Ma-backed Chinese media company Wasu, others, as it tries to enter the country's $5.9B online video market
Netflix Said in Talks to Enter China With Ma-Backed Wasu … Netflix Inc. is in talks with a Chinese media company backed by Jack Ma and other possible partners …