Executive vice chairman Joseph Tsai has also reduced his stake in the company
Chinese e-commerce giant has raised at least $11.3 billion from the secondary listing
Low-key accountant to succeed charismatic Ma who built $462bn company
China’s top e-commerce firm recorded €6.4bn in sales over three months
Chinese firm racks up over €16bn in sales during 24-hour e-commerce event
Chief executive Daniel Zhang says employees must focus on their jobs as stock sinks
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