#AlibabaApr 14, 2021
Jack Ma is now S$3 billion richer
In the wake of a record antitrust fine slapped on Alibaba Group Holding Ltd by China, Mr Jack Ma’s fortunes increased by S$3 billion (US$2.3 billion), Bloomberg reported. The depositary receipts of Alibaba in the US rose by 9.3 per cent on Monday (Apr 12), marking its biggest increase in nearly four years, and causing […]
By Anna Maria Romero