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Technology Stocks : Fintech (cryptocurrencies, ICOs etc.)

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To: Sr K who wrote (83)10/22/2017 10:21:10 PM
From: Glenn Petersen  Read Replies (1) of 106
 
Jack Ma stole it from Yahoo, Jerry Yang, and Marissa Meyer.

Absolutely.

Alipay was the subject of one of China’s most controversial corporate governance scandals, when in 2011 Mr Ma took it out of Alibaba and placed it under the direct control of himself and some associates. Yahoo, at the time a 40 per cent shareholder in Alibaba, was among the main protesters.

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