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Billionaires Jack Ma, Tsai Join $4 Billion Alibaba Share Buyback

Billionaires Jack Ma and Joseph Tsai are using their own money to buy back Alibaba Group Holding Ltd. shares as the company prepares to repurchase as much as $4 billion of its own stock.
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  • Bloomberg

HANGZHOU, China

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The Industry That Eats Its Young

Small fashion labels have always been shortchanged by their wholesale partners. A wave of high-profile bankruptcies has turned a structural injustice into an existential crisis. There is a better way to do business, writes Imran Amed.


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