1. Alibaba is a Japanese holding company.

2. SoftBank Group is the largest shareholder of Alibaba, holding 28% of the shares. SoftBank Group was founded by Masayoshi Son in Japan in 1981 and listed in Japan in 1994. It is a comprehensive venture capital company that focuses on IT industry investment, including network and telecommunications.

3. SoftBank has invested in more than 600 companies around the world and owns majority shares in more than 300 major IT companies in the world. Extended information: Business segments Alibaba's e-commerce services, Ant Financial Services, Cainiao Logistics Services, Big Data Cloud Computing Services, Advertising Services, Cross-border Trade Services, and Internet services other than the first six e-commerce services. Organizational Structure On July 23, 2012, Alibaba Group adjusted its business structure and organization from a subsidiary system to a business group system, establishing Taobao, Yitao, Tmall, Juhuasuan, Alibaba International Business, Alibaba Small Business Business and Alibaba Cloud, a total of seven business groups.

On January 10, 2013, Alibaba Group will adjust its business structure and organization, establish 25 business units, and the business development of each business unit will be the responsibility of the president (general manager) of each business unit. The new system consists of a strategic decision-making committee (under the responsibility of the board of directors) and a strategic management executive committee (under the responsibility of the CEO). Reference source: People's Daily: The largest shareholder sells Alibaba shares for the first time