Jul 14, 2020 03:10 AM (GMT+8) · EqualOcean
Alibaba releases its capital structure with one of the shareholders, and also its founder, Jack Ma, underweights the company to 4.8%. The cash-out estimation of the transaction is CNY 40 billion. Softbank is still the largest shareholder of Alibaba. What is more, Yun Ma still holds 50% voting right on the Ant Technology Group.
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