Alibaba’s executive chairman Jack Ma emphasised his company’s global ambitions as he pitched one of the world’s largest ever stock sales to hundreds of fund managers gathered in Hong Kong.
Speaking to a packed ballroom in the Ritz-Carlton hotel yesterday, Mr Ma urged investors to see Alibaba as a technology company first and foremost, according to people in attendance, one that just “happens to be in China”.
He pointed to the growth of the business outside its home market, such as in Russia, where it has risen to become the number one ecommerce site by monthly users.
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