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how much is being stolen from investors via pouring money into 'other' businesses that Alibaba created Another blatant example of this is what happened when Ja
by PhantomGremlin 10y ago
how much is being stolen from investors via pouring money into 'other' businesses that Alibaba created
Another blatant example of this is what happened when Jack Ma, Chairman of Alibaba, moved control of Alipay away from Alibaba.
I don't know all the details or the eventual outcome, but appears that people are deliberately trying to obscure what happened. I simply avoid investing in those sorts of companies.
Check out these admittedly provocative headlines (the related questions) on the relationship: https://www.quora.com/unanswered/Does-Alibaba-and-Jack-Ma-still-owe-Yahoo-shareholders-for-taking-Alipay-now-worth-50-billion-out-of-Alibaba-wihtout-compensating-yahoo-despite-it-owning-40-of-alibaba https://www.quora.com/unanswered/Does-Alibaba-and-Jack-Ma-st...