Joseph Tsai and his wife have amicably divorced: There are no plans to sell any Alibaba shares, and he will continue to serve as the chairman of the group
According to foreign media reports, Mr. Joseph Tsai and Ms. Wu Minghua have decided to amicably end their marriage. This decision was made jointly by both parties based on mutual respect, and they will continue to maintain a strong partnership in the future. Joseph Tsai and Wu Minghua have three children, all of whom are adults. According to representatives of Joseph Tsai and Wu Minghua regarding this matter, over the years, the two have gradually evolved into a partnership focused on "co-parenting their children and managing their careers." In the future, both parties will continue to invest in existing public welfare and community work, starting from the best interests of family, career, and community, and walking together as sincere partners. This change does not involve any plans to sell Alibaba shares, and Joseph Tsai will continue to serve as the chairman of Alibaba Group. Meanwhile, the operations of the Brooklyn Nets, New York Liberty, and their holding company Brooklyn Sports & Entertainment will not be affected by this change, and both will continue to own and protect the teams alongside a professional management team