Alibaba Listing May Rebuild Three Billionaires

As Alipay's valuation goes up,

Xie Shihuang, one of the co founders, will probably become a billionaire.

Xie Shihuang is also the second largest shareholder of Alibaba's financial branch and Alipay's parent company.

Peng Bo's company application documents showed that Xie Shihuang, 44, owns 9.7% of Alipay's parent micro finance service group.

According to the filing document submitted to the US Securities and Exchange Commission (SEC) in August 12th, the value of small and micro finance will be less than 25 billion dollars in the initial public offering (IPO) share, and the valuation of Xie Shihuang's shares will exceed US $2 billion 400 million.

Alibaba is planning to carry out one of the largest IPO in the United States.

The declaration document was submitted before the IPO plan.

The company, headquartered in Hangzhou, China, will sell the small business loan business to Ali small micro finance at a price of 518 million US dollars plus annual fees.

The core assets of small and micro finance are similar to PayPal's Alipay. According to analysts including Wang Weidong, the consulting group, Alipay's market value will be far more than 25 billion dollars.

Wang Weidong said,

It will be one of the most potential business segments after Alibaba's e-commerce business. Financial business is the best way for the company to make money by using e-commerce data.

According to the company's application documents, Xie Shihuang holds 16.7% of the two holdings of small micro finance, Hangzhou Jun Han equity investment partner company, which owns 58% of small micro finance.

More than 3/4 of the retail pactions on the Alibaba platform were completed through Alipay last year.

Application documents show that Alibaba founder Ma Yun holds about 49% of small micro finance shares.

According to the Bloomberg billionaires index, Ma Yun's net assets reached 12 billion 600 million dollars, and vice chairman of the Alibaba board, Cai Chongxin, was worth about $4 billion 800 million.

Alibaba spokesman Shi Zhi declined to comment on the report.

According to the declaration document, the market value of small micro finance or Alipay IPO is no less than $25 billion.

This is about 56% higher than Alipay's previous valuation limit.

According to the declaration document, if China's regulatory authorities agree, Alibaba has the right to buy about 1/3 of the equity in small and micro finance, so that it may dilute the shareholding of Xie Shihuang and other shareholders.

If the valuation of small and micro finance rises further, it will create two billionaires, namely, Peng Lei, CEO of small and micro finance, and Lu Zhaoxi, chief executive of Alibaba.

According to the application documents submitted by Alibaba, two people hold nearly 4% of small micro finance, and the valuation is about 982 million dollars.

Peng Lei and Lu Zhaoxi still hold less than 1% of Alibaba shares, and the number of specific Holdings has not been disclosed.

According to a survey by Bloomberg on 11 analysts in July, the Alibaba may be valued at $187 billion after the Alibaba is listed.

According to people familiar with the matter this month, Alibaba may start the IPO roadshow in September 3rd.

On the basis of documents submitted to the United States regulatory agency,

In the end, it may reduce the share of small and micro finance and reduce its shareholding ratio to no more than Alibaba's shareholding.

Ma Yun currently holds 8.9% of Alibaba shares.

Alibaba partners list

Name, age, sex, time to join Ali (year)

Cheng Li 39 men 2005 small gold clothing group, chief architect

Dashian 37 female 1999 Alibaba group chief customer service officer

Fan Luyuan 41 men 2007 small gold clothing group, vice president

Hu Xiaoming 44 men 2005 small gold clothing group, chief risk officer

Jiang Fang 40 women 1999 vice president of Alibaba group

Jiang Peng 40 men 2000 vice president of Alibaba group

Jing Xian Dong 41 men 2005 small gold clothing group, chief financial officer

Kim Hang Hang, 44 male 1999 senior vice president of Alibaba group

Liu Zhenfei 42 men 2006 vice president of Alibaba group

Lu Zhaoxi 44 men 2000 chief executive officer of Alibaba group

Ma Yun 49 male 1999 Group Board Executive Chairman

Peng Lei 40 female 1999 Alibaba group chief talent officer, also served as CEO of the small micro gold clothing group.

Peng Yijie 35 women 2000 small gold clothing group, vice president

Shao Xiaofeng 48 men 2005 Alibaba group chief risk officer

Timothy 54 men 2007 general counsel of Alibaba group

A.STEINERT

Wang Jian 51 men 2008 chief technology officer of Alibaba group

Wang Shuai 39 men 2003 Alibaba Group Chief Marketing Officer

Wu Minzhi 42 women 2000 vice president of Alibaba group

Wu Wei 45 female 2007 chief financial officer of Alibaba group

Wu Yongming 39 men 1999 senior vice president of Alibaba group

Yu Siying 39 women 2005 vice president of Alibaba group

Zeng Ming 44 male 2006 chief strategist of Alibaba group

Zhang Jianfeng 40 men 2004 vice president of Alibaba group

Zhang Yong 42 men 2007 chief operating officer of Alibaba group

Zhang Yu 44 women 2004 vice president of Alibaba group