Does royal mail own alibaba
No, Royal Mail does not own Alibaba. Alibaba Group Holding Limited is a Chinese multinational conglomerate specializing in e-commerce, retail, Internet, and technology. It was founded in 1999 by Jack Ma and is headquartered in Hangzhou, China.
Royal Mail, on the other hand, is a British multinational postal service and courier company headquartered in London, United Kingdom. It was founded in 1516 and is one of the oldest postal services in the world.
While Royal Mail and Alibaba may have a business relationship, such as providing logistics and delivery services for Alibaba's e-commerce platforms, they are two separate and independent companies with distinct ownership structures.
Alibaba is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol BABA. As of 2022, the largest shareholders of Alibaba include:
- FMR, LLC (Fidelity Management & Research Company LLC): 6.3%
- The Vanguard Group, Inc.: 5.4%
- BlackRock, Inc.: 4.4%
- State Street Corporation: 3.4%
- Jack Ma: 3.2%
Royal Mail, on the other hand, is a publicly traded company listed on the London Stock Exchange (LSE) under the ticker symbol RMG. As of 2022, the largest shareholders of Royal Mail include:
- The Government of the United Kingdom: 50.1%
- Institutional investors such as BlackRock, Inc., Vanguard Group, Inc., and State Street Corporation: around 20%
- Individual investors and other shareholders: around 30%
In summary, Royal Mail does not own Alibaba, and Alibaba is a separate and independent company with its own ownership structure.