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Who are the shareholders of Alipay?
Yahoo holds 40% of the shares of Alibaba Group, but does not have full voting rights!
Although Taobao is a wholly-owned subsidiary of Alibaba, its founder is Ma Yun, who is the most decisive, although the final decision still needs the approval of the board of directors.
Extended data
Alipay (China) Network Technology Co., Ltd. is a domestic third-party payment platform, which is committed to providing "simple, safe and fast" payment solutions. Since its establishment in 2004, Alipay has always regarded "trust" as the core of its products and services. It owns two independent brands, Alipay and Alipay Wallet. Since the second quarter of 20 14, it has become the largest mobile payment manufacturer in the world.
Both Alipay and Alibaba Group attach great importance to the institutional arrangement of large-scale shareholding of employees. In the process of preparing for the establishment of small and micro financial services group, 40% of the shares are shared and encouraged by all employees, and the remaining 60% is used to introduce other strategic investors. The on-the-job employees of Alibaba Group and Microfinance Services Group all obtained corresponding shares, realizing "full shareholding".
reference data
Baidu Encyclopedia-Alipay
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