Posted inUncategorized

Jack Ma to give up Alibaba’s VIE structure ownership

Jack Ma, chairman of Alibaba’s board of directors, has given up ownership of the company’s VIE structure, in a move designed to ease his administrative burden, The Paper reported. Alibaba Group confirmed that it has changed the shareholders of the VIE entity from Jack Yun and Xie Shihuang to the form of a limited liability […]

%d bloggers like this: