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Alibaba is a company founded by Jack Ma and the largest business-to-business company in China and the second largest in the world.
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Alibaba is owned by all shareholders of Alibaba. SoftBank and Yahoo are currently the two largest shareholders of Alibaba Group, and due to the restrictions of the partnership system, they do not have any decision-making power in Alibaba, and can only receive dividends, which means that it is Alibaba partners who currently hold decision-making power in Alibaba. Alibaba's partnership system has a decisive impact on the company's great success in the business field and the continuous improvement of the company's value, because Alibaba's great success today is inseparable from a stable partner team.
Through Alibaba's partnership system, Alibaba's founders and core team have been successfully listed in the U.S. capital market while retaining control, and the company's value has been greatly discovered, enhanced, and amplified. Jack Ma and Alibaba's management holdings are much smaller than those of SoftBank and Yahoo, but through three controls, Alibaba's control has been effectively realized.
The basic requirements that Alibaba partners need to meetTerm: Partner Biheng Zhizhou must have served in Ali for 5 years;
Shareholding: Partners must hold shares of the company, and there is a restriction on sale;
Voting: On a one-person-one-vote basis, more than 75% of the partners vote to join.
The four basic requirements are mandatory conditions that determine that the new partner must make a valuable contribution to Alibaba and be generally recognized by the current partner. Alibaba currently has a total of 30 partners, mainly senior executives and key leaders of core subsidiaries. Among them, 3 partners have legal backgrounds and legal professional competence.
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According to public information, Jack Ma, the founder of Alibaba Group, stepped down as chairman of the board in September 2019 and was replaced by Daniel Zhang. As of May 2023, Jack Ma remains one of Alibaba's largest shareholders. Alibaba is a publicly traded company, and its shares can be purchased and traded by the public.
Therefore, Alibaba's equity is scattered in the hands of various owners, and no one person or institution has absolute control of the company.
Who does Alibaba belong to at the moment.
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According to public information, Jack Ma, the founder of Alibaba Group, stepped down as chairman of the board in September 2019 and was replaced by Daniel Zhang. As of May 2023, Jack Ma remains one of Alibaba's largest shareholders. Alibaba is a publicly traded company, and its shares can be purchased and traded by the public.
Therefore, Alibaba's equity is scattered in the hands of various owners, and no one person or institution has absolute control of the company.
As of 2021, Alibaba's major shareholders include Jack Ma, Ant Group, and a number of institutional and individual investors. Among them, Jack Ma is one of the founders of Alibaba Group, currently owns about 4% of the shares, but is no longer the company's executive chairman. Ant Group, a fintech company owned by Alibaba, currently holds about 33% of Alibaba's shares.
In addition to this, Alibaba has a number of other institutional and individual investors who hold shares in the company.
According to the information described by Shangxiang Zisui, Ali Liang Bubaba currently belongs to: Founder Jack Ma: Although he only holds about 4% of the shares, he is still the largest individual shareholder and main controller of Alibaba Group.
Ant Group: currently holds about 33% of Alibaba's shares, making it the largest single shareholder of Alibaba. Other Institutional Investors and Individual Investors:
Together, they hold about 63 percent of Alibaba's remaining shares. Overall, Alibaba, while still under the influence of Jack Ma and Ant Group, is already making constant efforts to expand its shareholder base and reduce its dependence on Jack Ma and Ant Group. In recent years, Alibaba has reduced the equity ratio of the two through additional issuance** and Ant Group through **Alibaba shares.
Therefore, it can be said that Alibaba is currently jointly owned by a series of institutional investors and individual investors, and Jack Ma and Ant Group are only the two largest individual shareholders.
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The Alibaba boss is Daniel Zhang.
Daniel Zhang is also the President of Alibaba Cloud and a director of several listed companies in the United States and Hong Kong, including Haier Electric Appliances and Yintai Commercial Group, and in May 2015, Daniel Zhang was also the Chairman of the Board of Directors of Yintai Commercial Group. Daniel Zhang took over as CEO of Alibaba Group in May 2015 and Chairman of Alibaba Sports Group in September of the same year.
Alibaba Group Holdings**** is a company founded in 1999 in Hangzhou, Zhejiang Province, led by 18 people led by Jack Ma, a former English teacher. The business and the business of affiliated companies include **.com, Tmall, Juhuasuan, AliExpress, Alibaba International Marketplace, etc.
Company development
On January 6, 2016, Daniel Zhang held a conference of Alibaba e-commerce business managers, clarifying that the four major directions of e-commerce in 2016 will focus on consumer experience, prosper the ecology, empower merchants and upgrade consumption, and at the same time, Alibaba e-commerce will start three major battles in 2016 globalization, rural areas and first-tier cities.
Clarify the future direction, the 2016 annual seller conference was held in Hangzhou, and it was once again clarified that the development of strategic community, content and local life will be the three major directions of the future. Daniel Zhang, CEO of Alibaba Group, said that today ** is already a wireless **, ** wireless has been completed, and consumers have completely migrated to wireless.
The above content reference: Encyclopedia—Daniel Zhang.
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Summary. At present, the ownership of Alibaba Group no longer belongs to any of the founders. In September 2019, Daniel Zhang, chairman of Alibaba Group, announced that he would become Alibaba's new CEO, while Jack Ma would remain chairman of the group until 2020.
Over time, Mr. Ma gradually withdrew from the day-to-day management of the company, but still held a stake in Alibaba Group.
At present, the ownership of Alibaba Group no longer belongs to any or the first founder. In September 2019, Daniel Zhang, chairman of Alibaba Group, announced that he would become Alibaba's new CEO, while Jack Ma would remain chairman of the group until 2020. Over time, Jack Ma gradually withdrew from the day-to-day management of the company, but still held a stake in the Ariba Rubber Group.
Alibaba Group was founded in 1999 by 18 people including Jack Ma. On May 6, 2007, Alibaba Group was listed on the Hong Kong Stock Exchange, becoming one of the world's largest Internet listed companies at the time. In 2014, Alibaba went public on the New York Stock Exchange, making it the largest initial public offering (IPO) in history, raising $25 billion.
And in November 2019, Alibaba went public in Hong Kong for the second time, raising nearly $13 billion. Alibaba Group's subsidiaries include a number of well-known Internet brands such as **, Tmall, Cainiao Network, and AutoNavi Map. As of 2021, Alibaba Group has a market capitalization of more than $500 billion, making it one of the most valuable technology companies in China.
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