Business Overview

Organizational Structure below summarizes our corporate structure and

Like many large scale, multinational companies with
businesses around the world and across industries,
we conduct our business through a large number of
Chinese and foreign operating entities as we continue
to expand through organic growth and acquisitions
and consolidations of new businesses. The chart
identifies our significant subsidiaries, as that term is
defined under Section 1-02 of Regulation S-X under
the U.S. Securities Act, and other subsidiaries and
variable interest entities that are representative of our
major businesses, which we collectively refer to as our
major subsidiaries and major variable interest entities:

Alibaba Group Holding Limited (Cayman Islands)

100% 100%

Taobao Holding 100% Alibaba Investment

Limited (through Limited
(Cayman Islands) intermediary (British Virgin Islands)(1)
holding
100% entities)

Taobao China Alibaba.com

Holding Limited Investment 67% 100% 100%
(Hong Kong) Holding Limited (through (through (through
(British Virgin Islands)(2) intermediary intermediary intermediary
100%
Outside holding holding holding
China entities) entities) entities)

Inside
China

Hangzhou Cainiao
Zhejiang Zhejiang Alibaba
Taobao (China) Supply Chain Beijing Youku
Tmall Technology Cloud Computing
Software Co., Ltd.(3) Management Technology Co., Ltd.(8)
Co., Ltd.(4) 100% Ltd.(7)
Co., Ltd.(6)

Alibaba (Beijing)
Software
Services Co., Ltd.(5)

Youku Information
Zhejiang Taobao Zhejiang Tmall Alibaba Cloud
Technology
Network Co., Ltd.(3)(9) Network Co., Ltd.(4)(9) Computing Ltd.(7)(9)
(Beijing) Co. Ltd.(8)(9)

Equity interest
Contractual arrangements

Notes:
(1) A holding company for our strategic investments.
(2) Holding company for subsidiaries relating to AliExpress, Alibaba.com and 1688.com.
(3) Primarily involved in the operation of Taobao Marketplace.
(4) Primarily involved in the operation of Tmall.
(5) Provides online marketing-related software and technical services for our China retail marketplaces.
(6) Primarily involved in the operation of Cainiao Network‘s business.
(7) Primarily involved in the operation of our cloud computing business.
(8) Primarily involved in the operation of Youku‘s business.
(9) A variable interest entity.

88 Alibaba Group Holding Limited