Chinese e-commerce giant Alibaba’s chairman and vice chairman, Jack Ma and Joe Tsai, are planning to borrow more than $2 billion in loans by using their shares in the company as collateral.

Topics:  alibaba s   jack ma   joe tsai   borrow   billion   shares   chairman   
BING NEWS:
  • Alibaba's Jack Ma steps out from the shadows with morale-boosting post
    SHANGHAI (Reuters) -Alibaba co-founder Jack Ma has penned a lengthy memo to ... In the post, which was roughly a page long, Ma praised the leadership of CEO Eddie Wu and Chairman Joe Tsai and said the ...
    05/10/2024 - 12:21 am | View Link
  • Jack Ma steps into ‘mistakes’ brouhaha to boost Alibaba’s morale, urges staff to embrace change and prepare for AI to upend e-commerce
    Alibaba Group Holding has fundamentally changed its corporate culture to put customers first in its adaptation of technology, its co-founder Jack Ma wrote ... chairman Joe Tsai, when the Alibaba ...
    04/11/2024 - 12:59 am | View Link
  • Jack Ma steps into ‘mistakes’ brouhaha to boost Alibaba’s morale in staff memo, eliciting support from Chinese Embassy in US
    Alibaba Group Holding has fundamentally changed its corporate culture to put customers first in its adaptation of technology, its co-founder Jack Ma wrote ... chairman Joe Tsai, when the Alibaba ...
    04/9/2024 - 11:34 pm | View Link
  • Jack Ma Praises Alibaba’s Leadership, Restructuring in Rare Memo
    Alibaba BABA0.87%increase; green up pointing triangle co-founder Jack Ma praised the company’s top leadership and the ongoing restructuring exercise in a memo to employees, a rare move for the ...
    04/9/2024 - 10:29 pm | View Link
  • Jack Ma Cheers Alibaba’s Latest Overhaul Plan in Rare Memo
    (Bloomberg) -- Jack Ma ... Joseph Tsai and Eddie Wu to revive a stalled company. He said Alibaba Group Holding Ltd. is now on the right track and urged staff to stay the course. Ma, who’s ...
    04/9/2024 - 5:55 pm | View Link
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