Financial News:
Daniel Zhang Yong
Alibaba may sell its 30% share in social media ad provider Weibo to state-owned Shanghai Media. Alibaba down 1% in premarket trading, while Weibo was down 0.3%.
Alibaba's first public offering (IPO) on the New York Stock Exchange raised $25 billion on September 19, 2014, giving the business a market value of $231 billion and making it the largest IPO in global history at the time.
Photo: Daniel Zhang Yong is a Chinese technology executive. He is currently the CEO of Alibaba Group. Before becoming the CEO, Zhang was best known for his roles as CEO of Taobao and president of Tmall.
Content ID: 1640785078 Created Wednesday, December 29, 2021 1:37 PM UTC by Aaron Stipkovich, Updated Wednesday, December 29, 2021 1:47 PM UTC by Aaron Stipkovich.