Alibaba's acquisition of Gao Xin belongs to the same control.

Alibaba's acquisition of Gao Xin does not belong to the same control. 202110/9, Alibaba announced that Taobao China plans to acquire 70.94% equity of Jixin Holdings Limited for HK$ 28 billion, and Jixin Holdings Limited holds about 5/kloc-0% equity of Gaoxin Retail Limited, and Gaoxin is actually controlled by Jixin Holdings Limited, so Alibaba acquired Gaoxin.