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Ma joins SoftBank board

(皇冠体育app Daily)
Updated: 2007-05-10 08:26

Jack Ma , chairman and chief executive officer of Alibaba Group, 皇冠体育app's largest e-commerce company, is reportedly joining SoftBank Corporation's board of directors, the Beijing Times reported yesterday, citing a company statement.

The news followed an earlier report that Alibaba is seeking a Hong Kong or NASDAQ IPO for its core business-to-business (B2B) unit. Alibaba will raise $700 million to $1 billion, reports said.


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