Internal Alibaba memo: Jack Ma has not yet sold any Alibaba stock due to the price not reaching his desired level; Ma planned to sell 10M shares for ~$870M (Jane Zhang/Bloomberg)

Jane Zhang / Bloomberg:
Internal Alibaba memo: Jack Ma has not yet sold any Alibaba stock due to the price not reaching his desired level; Ma planned to sell 10M shares for ~$870M  —  - Ma earlier planned to sell 10 million shares this week  — Alibaba's overhaul in doubt after canceling cloud spinoff