The control of Alibaba is in the hands of Jack Ma and other management. Because Jack Ma and other management play a core role in the management and development of the company, they have great voice and influence. In addition, Jack Ma and other management also control Alibaba through shareholding and equity arrangements. In addition to Jack Ma, Alibaba's board of directors and shareholders also have an important influence on the company's development, and they also play an important role in the company's affairs decision-making and strategic planning. Alibaba has now become a world-renowned e-commerce giant, and the change of its control will also have a certain impact on the company's future development.

The control of Alibaba is in the hands of Jack Ma and his co-founders. The reason is that Jack Ma and his team held most of the shares at the beginning of the company's establishment. After several rounds of share splits and listing financing, their shareholding ratio has not changed much, and they still control the company. Although Jack Ma has retired, he still has a great influence on Alibaba's important decision-making and decision-making power, so the company's direction and strategy are still affected by him. In addition, Jack Ma and his team are also constantly promoting Alibaba's internationalization and strengthening the company's partnerships around the world.

The control of Alibaba is mainly in the hands of Jack Ma. As the founder of Alibaba, Jack Ma has always served as the company's main leader and owns a considerable amount of shares, which provides great support for the company's voting rights. At the same time, Jack Ma also firmly grasps the control of the company through the institutional design of Alibaba's management institutions. Although Alibaba's stock price and market value have continued to rise after its listing, Jack Ma has always emphasized the company's long-term development and strategic positioning, and focused on attracting and retaining elite talents. In addition, as Alibaba's companies continue to expand in e-commerce, logistics, finance and other fields, the company's influence is also expanding. Jack Ma's leadership and strategic vision will continue to have a significant impact on Alibaba's development.

The control of Alibaba is in the hands of Jack Ma and his family. Because at the beginning of the company's establishment, Jack Ma and several other founders invested and founded the company. Later, Jack Ma used his wisdom and decision-making ability to make Alibaba continue to expand and grow, and finally achieved listing. According to Alibaba's corporate governance structure, the company's board of directors is only responsible for supervising and making decisions on some important matters, while the company's executive level, namely the CEO and his subordinates, are specifically responsible for the company's daily operations. Jack Ma appointed Zhang Yong, whom he trusts, as CEO, but the actual power to control the company is still in the hands of Jack Ma and his family. At the same time, Alibaba's board of directors also has three independent directors who come from outside the company and can conduct independent supervision, but they have no actual control over the company's decisions and strategies.

1 Alibaba's control is in the hands of the board of directors and shareholders. Specifically, Jack Ma holds 10.8% of Alibaba Group's shares, but controls about 50% of the voting rights.

2 Alibaba Group is a group company composed of multiple subsidiaries. Before the listing, it had achieved equity separation, that is, the board of directors and shareholders held the control of the group.

3 In addition to the control of Alibaba Group, there are also some different stakeholders who own shares and control of Alibaba's companies. For example, Ant Financial's current equity structure has also attracted much attention.