Who Owns Alibaba Group?
Updated onExplore the ownership hierarchy of Alibaba Group. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Alibaba Group
Alibaba Group is a Chinese multinational technology conglomerate focused on e-commerce (Taobao, Tmall, Alibaba.com), cloud computing, digital media and logistics services.
Alibaba Group appears to be independent with no known parent company.
Alibaba Group
Alibaba Group is a Chinese multinational technology conglomerate focused on e-commerce (Taobao, Tmall, Alibaba.com), cloud computing, digital media and logistics services.
Alibaba Group appears to be independent with no known parent company.
Major Shareholders
Alibaba Group
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
BlackRock, Inc. Largest institutional shareholder in Alibaba Group’s Hong Kong–listed shares (stock code 9988), reported holding roughly 128.4 million shares, equivalent to about 5.75% of shares outstanding, as of late Q3 2025. Held primarily via index and ETF products on behalf of clients rather than as a strategic stake. | Institutional | 5.8% | 5.8% | Sep 2025 |
The Vanguard Group, Inc. Second‑largest global institutional holder, with about 95.6 million Alibaba shares (roughly 4.3% of shares outstanding) across Vanguard index and active funds as of Q4 2025. Economic and voting interest is exercised on behalf of underlying fund investors. | Institutional | 4.3% | 4.3% | Oct 2025 |
Jack Ma (Ma Yun) Company co‑founder and former executive chairman. Bloomberg’s billionaire index and prior Schedule 13D disclosures attribute roughly a 4% beneficial stake in Alibaba to Jack Ma, held directly and through entities such as APN, JSP Investment, JC Properties and related family vehicles. Subsequent open‑market purchases in late 2023 increased his holdings but no newer public filing has updated the exact percentage, so the figure is approximate. | Founder | 4.0% | 4.0% | — |
SoftBank Group Corp. Japanese technology investment holding company and long‑time strategic backer of Alibaba. SoftBank’s Schedule 13G/A filed May 15, 2025 reports beneficial ownership of 630,790,344 Alibaba ordinary shares, equal to about 3.3% of the 18.998 billion ordinary shares outstanding as of March 31, 2025. SoftBank has steadily reduced its stake from much higher levels over the past decade. | Corporate | 3.3% | 3.3% | Mar 2025 |
Joseph C. Tsai Alibaba co‑founder and current chairman. Bloomberg’s analysis of Hong Kong disclosure filings indicates Tsai holds about 1.4% of Alibaba’s share capital, directly and via offshore holding companies, making him the second‑largest individual shareholder after Jack Ma. This percentage is based on filings referenced in 2025 and may fluctuate with additional purchases, sales or company buybacks. | Founder | 1.4% | 1.4% | Sep 2025 |
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