Examples of Alibaba Holding in a sentence
Alibaba Holding is the ultimate shareholder of Alibaba Investment, which is a controlling shareholder and a connected person of the Company holding 16,001,087,693 Shares in aggregate, representing approximately 53.85% of the issued share capital of the Company, among which (i) 13,488,058,846 Shares are held by Xxx XX, the wholly-owned subsidiary of Alibaba Investment, and (ii) 2,513,028,847 Shares are held by Xxxxxxx Investment.
Alibaba Holding and Youku Information Alibaba Holding is a company incorporated in the Cayman Islands with its American depositary shares, each representing eight ordinary shares, listed and traded on the New York Stock Exchange (stock symbol: BABA), and its ordinary shares listed and traded on the Main Board of the Stock Exchange (stock codes: 9988 (HKD counter) and 89988 (RMB counter)).
As at the date of this announcement, Youku Information is a consolidated entity of Alibaba Holding.
Youku Information, being a limited liability company established under the laws of the PRC and a consolidated entity of Alibaba Holding, is principally engaged in the business of providing online videos in the PRC on the Youku platform, which is one of the leading online video streaming websites in the PRC.
As each of Mr. Xxx Xxxxxx, Xx. Xxxx Jun and Xx. Xxxx Pen Hung holds positions in Alibaba Holding or its subsidiaries, and Mr. Xx Xxx is currently taking up a management role in a subsidiary of Alibaba Holding, they are deemed or may be perceived to have a material interest in the transactions contemplated under the Advertising Services Framework Agreement.
Accordingly, each of Alibaba Holding and Youku Information is an associate of Alibaba Investment and thus a connected person of the Company.
Damai shall upload the bill of the settlement amount to Youku Information for confirmation at least on the second working day at the beginning of the following month on the trading platform operated by the affiliates of Alibaba Holding (the “AGH Affiliates Trading Platform”).