Alibaba Group Holding, based in Hangzhou, Zhejiang, employs 204,891 people and operates in the Broadline Retail industry, providing technology infrastructure and marketing platforms across seven segments. The company went public on September 19, 2014.
Hong Xu sold 54,450 shares of BABA on 25 March at $16.07 per share, worth a total of $875K. They now own 66,550 BABA shares, or a 45% holding decrease.
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