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1. The presidents of the seven business groups will report directly to chairman and CEO Jack Ma.

2. Ma and Wu committed the act as revenge for several business disputes, he said.

3. Ma and Alibaba Group tried several times since last year to buy back the stake.

4. Ma said that against the backdrop of globalization, the public can exert significant influence over erring companies by refusing to buy their products.

5. Ma functioned like a freelance agent, buying up apartments for his parent's friends and relatives.

6. Ma also made it clear China does not welcome investments by Taiwan business people who are in favour of independence from the Chinese mainland.

7. Ma also vowed to improve postal services in urban areas by increasing letter box coverage in residential buildings.

8. Ma said there are no specific details on what kind of information should be disclosed by the government under the current regulation.

9. Even members of Ma's ruling Kuomintang have demanded a " cabinet " reshuffle, acknowledging overwhelming public complaints about government inefficiency.

10. " You've come way too late, " one woman shouted at Ma in footage broadcast on cable news channels.