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Jack Ma

E-Commerce
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Latest moves

Jack MaProduct launchAI & techBABAAI read · ▲ Going global

Alibaba Cloud plans first data centers in Finland, Netherlands, Turkey

The move

Alibaba Cloud said on Sept. 23 it will open its first cloud regions in Finland, the Netherlands and Turkey within 12 months, while adding data center capacity in Germany, France, the UAE, Malaysia and Hong Kong. CEO Eddie Wu said Alibaba Cloud's target is to grow its global data center capacity past 20 gigawatts by 2032. The company also unveiled its Zhenwu V900 AI chip, which it says is about twice as powerful as Nvidia's China-specific H20 chip.

Why it matters

Alibaba is racing to build AI infrastructure outside China as U.S. export restrictions limit its access to Nvidia's most advanced chips, making its own Zhenwu V900 chip and new overseas regions part of the same strategy.

The bear case

Running cloud regions and chip design at the same time spreads Alibaba's capital across more fronts, and new regions in Europe and Turkey mean navigating different data and AI regulations in each market.

What to watch

Whether the Zhenwu V900 chip reaches outside customers, and progress toward Alibaba's 2032 20-gigawatt target.

Jensen HuangPolicyAI & techNVDA · BABAAI read · ▲ Cautious optimism

China signals it may let Alibaba, ByteDance buy new Nvidia chip

The move

China's Ministry of Industry and Information Technology has asked Alibaba and ByteDance about their planned orders for Nvidia's new RTX Pro 5500 workstation chip, and officials have signaled the purchases are likely to be approved, The Information reported Sept. 27. Nothing is finalized.

Why it matters

The RTX Pro 5500, an 84GB Blackwell-based card, was built to sit under U.S. export-control thresholds; a Chinese green light would reopen a major market Nvidia has largely lost to export curbs.

The bear case

This is a signal relayed by unnamed officials, not confirmed policy, and Beijing has reversed similar chip-buying openings before.

What to watch

Formal confirmation from MIIT and whether Alibaba or ByteDance actually place orders.

Source · Seeking AlphaRead original ↗Report an error

Recent SEC filings

This person doesn't file with the SEC.

Footprint

Companies

Alibaba GroupBABA / 9988 · NYSE / HKEX · Co-founder · BABA ▼ 0.92%
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Ticker
BABA / 9988
Exchange
NYSE / HKEX
Role
Co-founder; left board Oct 2020; reported largest shareholder again in early 2024 (per Wikipedia)
source ↗
Ant Group (private) — economic interest via Hangzhou Junhan (~32% of Ant) alongside other employees; Junao ~22%; Alibaba 33%Founder · Junhan ~32%, Junao ~22% of Ant… · as of Mar 2026
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Role
Founder; no longer controls Ant: after Dec 2023 changes to Junhan/Junao voting structures, each is controlled by a separate GP not controlled by any single person, and no shareholder controls Ant
Stake
Junhan ~32%, Junao ~22% of Ant (Ma's personal share not disclosed; Ma has confirmed to Alibaba his economic interest will be cut over time to no more than 8.8%)
Stake as of
2026-03-31
source ↗

Stakes

Alibaba Group Holding — co-founder, retired from the company in 2020; not listed among ≥5% holders or directors in the FY2026 20-F ownership table (as of 2026-05-18; 18.67B shares outstanding), so his current stake is below 5% and undisclosedBABA / 9988 · as of May 2026 · BABA ▼ 0.92%
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Investment vehicles

Yunfeng Capitalfund
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Type
fund
Notes
Private equity firm he co-founded
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Yunfeng Funds (Yunfeng Capital)fund
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Type
fund
Notes
Per Alibaba's 20-F, Ma holds minority interests in the GPs and some investment-advisor entities of several Yunfeng funds set up before his 2020 retirement, and his family holds LP interests. His GP/adviser interests are non-voting or he has waived voting, and he agreed to donate certain economic benefits to the Alibaba Group Charitable Fund or other charities. Alibaba co-invests alongside the funds
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Trophies

Bordeaux vineyards: Château de Sours, Château Guerry (Côtes de Bourg), Château Perenne (Blaye) (as of 2016, older)
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Legal & regulatory

PBOC fined Ant Group 7.12B yuan (~$985M) in July 2023 for governance, consumer-protection and AML violations, ending…
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In full
PBOC fined Ant Group 7.12B yuan (~$985M) in July 2023 for governance, consumer-protection and AML violations, ending the regulatory overhaul that began when Ant's Nov 2020 IPO was halted (older)
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Pentagon added Alibaba (with Baidu and BYD) to its Section 1260H 'Chinese military companies' list in June 2026; the…
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In full
Pentagon added Alibaba (with Baidu and BYD) to its Section 1260H 'Chinese military companies' list in June 2026; the DoD may not contract directly with listed firms and third-party procurement bans follow from June 2027
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Alibaba sued the Defense Department on 2026-06-23 seeking removal from the 1260H list, calling the designation…
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In full
Alibaba sued the Defense Department on 2026-06-23 seeking removal from the 1260H list, calling the designation 'arbitrary and capricious'
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Giving

Jack Ma Foundation (est. Sept 2018; education, environment, public health)
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Prices via Finnhub · as of Nov 11, 2026 12:21 PM ET. For information only.

What to watch

Alibaba v. Department of Defense (1260H designation) — court ruling; Xiaomi and AMEC previously won removal through…
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In full
Alibaba v. Department of Defense (1260H designation) — court ruling; Xiaomi and AMEC previously won removal through litigation
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Ant Group IPO revival or further Junhan/Junao restructuring (Alibaba holds a right of first refusal on transfers until…
More
In full
Ant Group IPO revival or further Junhan/Junao restructuring (Alibaba holds a right of first refusal on transfers until a qualified Ant IPO)
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