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Billionaire Jack Ma, chairman of Alibaba Group Holding Ltd., center, waves while standing for a photograph with Jonathan Lu, chief executive officer of Alibaba Group Holding Ltd., left, and Joseph "Joe" Tsai, vice chairman and co-founder of Alibaba Group Holding Ltd., in front of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Sept. 19, 2014. Alibaba Group Holding Ltd., the e-commerce company started in 1999 with $60,000 cobbled together by Jack Ma, cemented its status as a symbol of China's economic emergence by raising $21.8 billion in a U.S. initial public offering. Photographer: Scott Eells/Bloomberg via Getty Images

Billionaire Jack Ma, chairman of Alibaba Group Holding Ltd., center, waves while standing for a photograph with Jonathan Lu, chief executive officer of Alibaba Group Holding Ltd., left, and Joseph "Joe" Tsai, vice chairman and co-founder of Alibaba Group Holding Ltd., in front of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Sept. 19, 2014. Alibaba Group Holding Ltd., the e-commerce company started in 1999 with $60,000 cobbled together by Jack Ma, cemented its status as a symbol of China's economic emergence by raising $21.8 billion in a U.S. initial public offering. Photographer: Scott Eells/Bloomberg via Getty Images