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Alibaba Group Holding Ltd has announced Joseph Tsai as the new chairman and Eddie Wu as the CEO. This move comes as the company seeks to revive growth in the post-crackdown era, with Tsai providing strategic direction and Wu driving operational excellence.
- About Alibaba
- Softbank Group
- Jack MA
- Joseph Tsai
- Goldman Sachs
- Primecap Mgmt.
Alibaba co-founder and chair Jack Ma was the largest individual shareholder of the company for many years. In 2020, Ma relinquished much of his ownership stake in Alibaba at the urging of the Chinese government. In the early 1990s, Ma realized China lacked technology in the business world. He founded China Pages, one of China's first Internet compa...
SoftBank's stake in Alibaba is equivalent to approximately 24% of the company; it is Alibaba's largest shareholder.SoftBank invested $20 million in Alibaba back in 2000 when it was a young startup. In fact, SoftBank founder and CEO Masayoshi Son was the one that bought into Alibaba. SoftBank’s Alibaba stake is now worth nearly $57 billion. SoftBank...
Jack Ma is Alibaba's co-founder and former executive chair. In 2019, Ma retired as the company's executive chair. It was reported that his decision to step down from his formal business role with the company was so that he could focus more on his philanthropic endeavors. In 2020, Ma reduced his stake in Alibaba from 6.2% to 4.8%. Alibaba did not di...
Alibaba co-founder and vice-chair Joseph Tsai is the third-largest shareholder in the company, with 1.4% of the outstanding stock.Tsai is a Taiwanese-Canadian businessman who met Ma while working for the Hong Kong branch of an investment company. Tsai quit his high-paying job so the two could work together to create the online import-export marketp...
Goldman Sachs is a global investment bank and asset management firm that was founded in New York in 1869. It offers a range of services including funds, account management, retirement plans, and advisory services for individuals, corporations, and other institutions. Goldman owns 0.84% of Alibaba, as of Q1 2022, worth roughly $2 billion.
The fifth-largest shareholder in Alibaba is Primecap, which owns around 0.64% of BABA's total outstanding shares.Primecap manages equity portfolios for mutual funds and other institutional investors with about $154 billion of AUM as of Q1 2022.
- Kristina Zucchi
The company owns 200.00 shares of Alibaba Group (BABA), representing 100.00% of its total assets. As of Jun 30 2024, Alibaba Group's largest institutional buyer is NORGES BANK. The company purchased 5.63M stocks of BABA, valued at $405.71M.
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their...
4 days ago · Company profile for Alibaba Group Holding Limited (BABA) with a description, list of executives, contact details and other key facts.
Dec 18, 2022 · Youku Tudou, Alibaba Pictures Group, South China Morning Post, Lazada, Intime, and Sun Art Retail are major companies owned by Alibaba.
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CEO: Eddie Wu. Website: https://www.alibabagroup.com. Ticker: BABA. Company type: Public. Revenues ($M): $131,338. Profits ($M): $11,165. Market value ($M): $198,011. Number of employees:...
