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SoftBank moves to sell down most of its Alibaba stake #shorts

FT, 19 Apr 2023
The Japanese group, led by billionaire founder Masayoshi Son, is selling almost all of its remaining shareholding in Alibaba, limiting its exposure to China and raising cash as the market downturn pummels the value of its technology investments.

#softbank #alibaba #Masayoshison #jackma #investment #technology #chinabusiness #japanbusiness

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