Top 10 ways Alibaba is building an empire
Updated: 2014-06-30 07:11
By He Yini (chinadaily.com.cn)
Top 7 Hundsun Technologies Inc
Investment: $531.78 million
Share: 20.6 percent
Date: April 3
Jack Ma's move underscores his desire to move into and reshape China's financial services sector, an area that Alibaba's Joe Tsai, the man steering the company's highly anticipated US listing, described as "antiquated".>>> more
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Hundsun Technologies said on April 3 that Hundsun Group, which owns a 20.6 percent stake in Hundsun Technologies, will sell 100 percent of its shares to Zhejiang Finance Credit Network Technology Co, a company 99 percent owned by Ma. [Photo / IC] |
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