Join our growing community to challenge mainstream media bias and fix the news
Jack Ma quits board of Japan’s struggling SoftBank

Jack Ma quits board of Japan’s struggling SoftBank

SoftBank Group Corp said Monday that Alibaba co-founder Jack Ma has resigned from its board. The disclosure came just hours before the company was preparing to announce a major financial hit to its annual results from the coronavirus and a slump in the tech sector. The company also announced that it was buying back its own shares, of up to $4.7 billion in value, to shore up its bottom line.

Timothy 3 months

I wish my country would give me billions in free money so I could copy Amazon and tell everyone I’m self made. Instead of being part of 80 million gangsters in the CCP stealing from everyone else I have to work hard and my only relationship with Amazon is the bill my family racks up every month.

FirstCensorshipThenJail 3 months

They would do better having a box of hammers on the boarded instead of Jack "The hillbilly" Ma. I think the hammers have a higher IQ score.

Don'tbackNV 3 months

Japanese made a mistake trusting Chinese. You thought they would have learned.

Dr. Ötker
Dr. Ötker 3 months

Is Softbank the one funding WeWork?

Top in Business