Although Tang Mingming's offer for the acquisition was reasonable, the amount of money was not very high, so Alibaba's investors were hesitant to sell Alibaba at this price. However, most of Alibaba's investors do not have a majority say in the company's affairs. The ones who really decide whether Alibaba sells are Alibaba's major shareholders: SoftBank's Masayoshi Son, Yahoo's Jerry Yang, and founder Ma Yun

The content of this chapter is being updated...