07:25 AM EDT, 09/16/2025 (MT Newswires) -- Alibaba Group ( BABA ) co-founder Jack Ma is back in a more active role in the Chinese e-commerce giant's operations after stepping down as its chairman in 2019, Bloomberg News reported Monday, citing sources familiar with the matter.
While it was not confirmed whether Ma has returned to the company in any official capacity, a source told the news outlet that he was involved in Alibaba's ( BABA ) move to spend up to 50 billion Chinese renminbi ($7.03 billion) on subsidies to remain competitive in the market.
Ma also constantly seeks updates on Alibaba's ( BABA ) artificial intelligence efforts, Bloomberg reported, citing one of the sources.
The company didn't immediately respond to MT Newswires' request for comment.
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