Shulou(Shulou.com)11/24 Report--

CTOnews.com, Nov. 16, according to documents disclosed on the official website of the Securities and Exchange Commission (SEC), Ma Yun family trust JC Properties Limited (a British Virgin Islands company) and JSP Investment Limited (a British Virgin Islands company) plan to reduce their holdings in each of Alibaba's founder shares on November 21, involving a total stock market capitalization of US $870.7 million (CTOnews.com Note: currently about 6.313 billion yuan).

Alibaba, which is about to report quarterly earnings from July to September, closed down 2.22 per cent at HK $81.35.

It is worth mentioning that recently, Riyadh-based online consumer credit platform Tabby announced the completion of D-round financing, raising a total of $200 million (about 1.46 billion yuan), with a total valuation of $1.5 billion (about 11 billion yuan). In the Tabby D-round financing investor list, "Blue Pool Capital (Blue Pool Capital)" is impressively listed, which is a family wealth fund jointly established by Jack Ma and Tsai Chongxin.

Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends.