News that Alibaba co-founders Jack Ma and TaiwanJoe Tsai bought $200 million worth of shares in the Chinese e-commerce giant in the fourth quarter sent the firm’s New York-listed stock up nearly 8% on Tuesday. A report in the New York Times said Ma bought $50 million in Hong Kong shares in Alibaba during the quarter, while current chairman Tsai purchased $151 million worth of its US-traded stock via his Blue Pool Management family investment vehicle, showing their support for the 25-year-old firm as it faces multiple challenges. The company’s Hong Kong-traded shares rose 4.3% in the exchange’s Wednesday morning session. Ma believes Alibaba stock is now “strongly below its actual value,” the firm’s chief people officer Jane Jiang told employees in November, confirming that the company’s founder had postponed his plan to sell 10 million shares at a value of around $870 million. [The New York Times; SEC filling]
Emily Ratajkowski has thoughts on the TikTok banDonald Trump threatens to take aid from Puerto Rico and, seriously, WTFJeff Bezos smashes champagne bottle atop massive Texas wind turbineThese carbon fibre chairs are designed to be used on MarsAescape's AI robot massaged my back and butt: 5 reasons I'm quitting human masseusesBest Fitbit deal: The Fitbit Ace 3 activity tracker for kids is under $40BeReal has 10 months left before it runs out of moneyBest pet deal: Save 20% on select items at Fable PetsThe wildfires have made air quality in San Francisco scary badBest Fitbit deal: The Fitbit Ace 3 activity tracker for kids is under $40Why do I feel lonely when I have friends?Trump's pick to lead environmental office really loves fossil fuelsClimate change costs in the U.S. are mounting, watchdog warns CongressInstagram might give us a brand new feature: SpinsBest travel deal: Priceline's Spring Planning Sale is live until March 24FCC has finally redefined which internet speeds are 'broadband'Starbucks is shutting down its NFT rewards programBest Fitbit deal for kids: Fitbit Ace 3 dealSpaceX launched and landed a rocket that has already been to spaceBest Sonos deals: Save up to 20% at Amazon Drake's new single, 'I'm Upset,' isn't going over well among fans Snapchat now lets you share or request location in chat Student dresses up as grandma to buy booze, goes viral The Atari VCS is now available for pre A piece of the original Death Star from Star Wars is available on eBay Investigation uncovers secret Twitter accounts of NBA exec Adorable little girl has the most terrifying imaginary friend ever 4 tips for opening up about your mental health, from Lady Gaga's mom 'Solo' explains the Kessel Run and makes Han Solo a stronger character PUBG owners sue Fortnite to 'protect copyright' Live tweets of a waffle 'Solo: A Star Wars Story' does nothing with Han's golden dice Please enjoy this clip of British people chasing cheese down a very steep hill Why summer is hell for people who wear glasses Review: the Google News app is a news junkie's dream come true Apple's iOS 12 update may let you unlock homes, cars using iPhone NFC 'Westworld' promotional error on Facebook sends fans to someone's DMs Game critic John 'TotalBiscuit' Bain dies afte battle with cancer HP's new gaming headset actively cools your ears 'The Walking Dead' star Andrew Lincoln reportedly will exit during Season 9
2.318s , 8184.109375 kb
Copyright © 2025 Powered by 【Taiwan】,Co-creation Information Network