Alibaba founder Jack Ma sells 13 million shares for $35 million
by Jim Townsend
in Uncategorized
08 Sep 2009
Alibaba founder and chairman Jack Ma has sold 13 million shares of the China-based b-to-b marketplace for about $35 million, Reuters reported.
The share accounted for less than 5 percent of his direct and indirect holdings. The company has about 5 billion shares outstanding,