SCHEDULE 13G/A: SoftBank Group Corp. Maintains 8% Stake in Alibaba Group Holding Limited
Schedule 13G Amendment
SoftBank Group Corp. has filed an Amendment No. 10 to its Schedule 13G, disclosing an 8% beneficial ownership stake in Alibaba Group Holding Limited as of December 31, 2024.
Summary
- SoftBank Group Corp. (the "Reporting Person") has filed an Amendment No. 10 to its Schedule 13G regarding its ownership in Alibaba Group Holding Limited.
- As of December 31, 2024, SoftBank Group Corp. beneficially owned an aggregate of 1,526,790,344 ordinary shares of Alibaba Group Holding Limited.
- This aggregate amount represents 8% of Alibaba's ordinary shares outstanding.
- The percentage of class is based on 19,054,532,284 ordinary shares of Alibaba Group Holding Limited outstanding as of December 31, 2024.
- SoftBank Group Corp. holds sole voting power over 3,788,048 shares and shared voting power over 1,523,002,296 shares.
- SoftBank Group Corp. holds sole dispositive power over 3,788,048 shares and shared dispositive power over 1,523,002,296 shares.
- A portion of the shares are beneficially owned via direct or indirect subsidiaries of SoftBank Group Corp., none of which individually beneficially owned more than 5.0% of the outstanding Ordinary Shares as of December 31, 2024.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing (Schedule 13G/A) disclosing a passive ownership stake. It contains factual information without expressing positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
This Schedule 13G filing is a disclosure of current ownership and does not contain forward-looking statements or guidance regarding the issuer's or reporting person's future performance or strategy.
Industry Context
This filing highlights SoftBank's continued significant, albeit passive, investment in Alibaba, a major global e-commerce and technology conglomerate. Large institutional holdings like this are common in the technology sector, reflecting long-term strategic investments or portfolio diversification by major investment groups.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional ownership stake in Alibaba, which can influence market perception and trading dynamics.
- Regulatory Authorities: Fulfills SEC disclosure requirements for beneficial ownership, ensuring market transparency.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement (ownership stake calculation date) |
| 02/14/2025 | Date of signature for the Schedule 13G/A filing |
Keywords
Alibaba Group Holding Limited, SoftBank Group Corp., Schedule 13G, Beneficial Ownership, Equity Stake, SEC Filing, Ordinary Shares, Investment, Technology, E-commerce
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