Jack Ma cashes out billions of dollars in Alibaba shares as stock booms

Where he says that the report will not be sold, and how much the just, or 1000. The current market price is, when less is worth $ 8.2 billion. Executive chairman of the company’s Ma of the year to the age of 55 and said devote his time to philanthropy.
In May, Alibaba (BABA) And digital platforms had his account for one sixth of all retail sales in China and are expected to grow to more than 19-bits, rather pandemic Covid consumer and business online.

“We believe that the new normal, which remain even after the pandemic is over,” Zhang said CEO, Daniel earnings by the end of May call.

Alibaba now worth about $ 705 billion, making it more valuable facebook (FE:).

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