In China, Ali Baba co-founder Jack Ma now holds a meager 4.8 percent stake in the company, compared with 6.4 percent a year before. Watch report.

Ali Baba co-founder's stake dips: Stake down to 4.8% from 6.2%

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Ali Baba co-founder's stake dips: Stake down to 4.8% from 6.2%