Friday, September 4, 2015

Alibaba's Jack Ma, Joe Tsai to Borrow $2 Billion Against Shares

Chinese e-commerce giant Alibaba’s chairman and vice chairman, Jack Ma and Joe Tsai, are planning to borrow more than $2 billion in loans by using their shares in the company as collateral.

from WSJ.com: US Business http://ift.tt/1i0s2cm
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