(Both men already hold sizable amounts of Alibaba stock.)
Alibaba itself bought back $9.5 billion worth of stock last year, reducing its share count by over 3 percent.
The stock purchases will probably bring attention back to Ma, a former English teacher who helped start Alibaba as an e-commerce platform.
Ma, who hasn’t held a management role at Alibaba or Ant in years but remains a lifetime partner in the Alibaba Partnership, now largely focuses on Bill Gates-style philanthropy.
And she’s expected to take swipes at Trump’s economic record as president.
Persons:
Tsai, Ma, Alibaba, Ant, hasn’t, Bill Gates, Nikki Haley, Donald Trump, Eric Rosengren, Robert Kaplan, Kaplan, Rosengren, Archer, Daniels, Vikram Luthar, Scott Stuber, Spike Lee, Martin Scorsese, Jane Campion, Stuber, Ted Sarandos, Netflix’s, Bela Bajaria, Biden’s, Janet Yellen, Lael Brainard, they’re, Biden, ” Ray Fair
Organizations:
Pool Management, Alibaba, Brooklyn Nets, New York Liberty, Nets, Boston Fed, Dallas Fed, Republican, Biden, Yale, Times
Locations:
U.S, Hong Kong, China, Ma, Beijing, ’, Paris, New Hampshire, Dixville