Currently Jack Ma owns 7.6 per cent of Alibaba and Joe Tsai owns 3.1 per cent.
Alibaba Group Holding Ltd's initial public offering now ranks as the world's biggest in history at $25 billion, after the e-commerce giant and some of its shareholders sold additional shares.
The South China Morning Post has iconic status in the region.
The shopping day, similar to Cyber Monday and Black Friday in the United States, comes less than eight weeks after Alibaba's record $25 billion public share listing in New York.
New York State, the epicentre of the coronavirus pandemic in the United States, continued to record the highest count of daily deaths from COVID-19 as a staggering number of 630 people died in a 24-hour period.
His challenge now may be coping with Alibaba's undoubted status as a whale in the world of e-commerce.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances