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General

Alibaba founder Ma to leave board of SoftBank Group

Monday 18 May 2020 | 09:42 CET | News
Jack Ma, the founder and former executive chairman of Alibaba, will be leaving the board of the SoftBank Group from 25 June, when the company holds its annual shareholder meeting, the Wall Street Journal. Tech investment company SoftBank's chief executive Masayoshi Son put USD 20 million into startup Alibaba in 2000. The stake has since become one of SoftBank's most valuable holdings.

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Categories: General
Companies: Alibaba / Softbank
Countries: World
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