According to Alibaba's prospectus, the current shareholders with the largest holdings in Alibaba are Japan's SoftBank Group, which holds 797,742,980 shares, accounting for 34.4%, Yahoo, which holds 523,565,416 shares, accounting for 22.6%, Jack Ma, who holds 206,100,673 shares, accounting for 8.9%, Alibaba co-founder Joseph Tsai, who holds 83,499,896 shares, accounting for 3.6%, and other small and medium shareholders, who hold 31.5%.