"Jack Ma and Joe Tsai Double Down on Alibaba with $250 Million Stock Purchase"

Jack Ma, the co-founder of Alibaba, and Joe Tsai, the company's chairman, have been buying up shares in Alibaba in recent months as the tech giant's stock has plummeted. This move suggests that Ma and Tsai believe the business is undervalued, despite facing regulatory challenges and a sharp decline in stock value. The purchases, though not huge in size, are likely to attract attention from investors and policymakers, given the prominence of the buyers.