JACK MA BOUGHT ALIBABA SHARES WORTH $50 MLN IN FOURTH QUARTER
- NEWS Desk Global
- Jan 23, 2024
- 1 min read
Alibaba co-founder Jack Ma and Chairman Joe Tsai bought millions worth of shares in the Chinese e-commerce giant in the fourth quarter. Ma bought $50 million worth of Hong Kong-traded stock. It added Tsai purchased about $151 million worth of Alibaba's U.S.-traded shares in the quarter through his Blue Pool Management family investment.
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