ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received ...
Read More »Alibaba’s Ma, Tsai boost buyback with $500mn
BEIJING / Bloomberg Alibaba Group Holding Ltd. Chairman Jack Ma and Vice Chairman Joseph Tsai will bolster the company’s share buyback as they agreed to spend $500 million of their own money purchasing stock in a vote of confidence for the e-commerce operator. The billionaire co-founder and his lieutenant will bankroll the purchase of shares currently trading at $66.91, Alibaba ...
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