After Ali went public, Masayoshi Son of Japan Softbank Group became the largest shareholder with 32.4% shares, Yahoo with 16.3% shares, and Ma Yun and his partner team with 13% shares.
However, the partner system is specified in the listing prospectus, and the partner team can nominate more than half of Alibaba's board members.
Alibaba (English: Alibaba? Company; NYSE (stock code "BABA") is the largest Internet company in China and the second largest in the world. It was founded by Jack Ma on 1999 and is a business-to-business online trading market platform.
In May 2003, Ma Yun invested 1 100 million yuan to establish a personal online trade market platform-Taobao. On June 5438+ 10, 2004, Alibaba invested and established Alipay Company to launch intermediary-based secure transaction services for China e-commerce market.