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.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Alibaba / Softbank
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.