Jack Ma Cedes Alibaba Licenses. Investors Won’t Get Control
Jack Ma, billionaire and chairman of Alibaba Group Holding Ltd., speaks during an event at Waseda University in Tokyo, Japan. (Photographer: Tomohiro Ohsumi/Bloomberg)  

Jack Ma Cedes Alibaba Licenses. Investors Won’t Get Control

(Bloomberg) -- Jack Ma is quietly giving up control over the legal entities that control Alibaba Group Holding Ltd. in a move aimed at reassuring shareholders of their rights in China’s most valuab...
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