![Jack Ma quits SoftBank board amid record losses](/content/images/size/w720/wp-content/uploads/2020/05/4828_6402_0-scaled.jpg)
Jack Ma quits SoftBank board amid record losses
SoftBank Group announced on Monday that Alibaba co-founder Jack Ma has resigned from the Japanese conglomerate’s board, having served as a director for 13 years.
The announcement was made a few hours before SoftBank reported its largest ever annual loss, of 1.36 trillion yen (US$12.7 billion)