Jack Ma orchestrated Alibaba breakup from overseas, WSJ reports

Jack Ma was orchestrating from overseas the corporate breakup of Alibaba Group, Jing Yang and Shen Lu of Wall Street Journal report, citing people familiar with the matter. Despite having stepped down as executive chairman of Alibaba in 2019, Ma remained an influential figure at the company and is active in deciding its strategy, sources told the Journal. He ured Alibaba executives to split up the company, saying it would make it more nimble and competitive in China’s increasingly crowded market, the people said. Reference Link