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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.

Chris
Chris
Timothy
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
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
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?

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