Jiang Fan has no shares in Alibaba. Although Jiang Fan is still the president of Tmall and Taobao, his name is no longer on the list of Alibaba partners. The reason is that due to the scandal with the internet celebrity Zhang Dayi, Alibaba Group's Integrity Department punished Jiang Fan. The investigation team believes that Jiang Fan, in an important position in the company, improperly handled personal family issues, which triggered a serious public opinion crisis and had a major impact on the company's reputation.