Summary by Futu AI
Alibaba Group Holding Limited, through its wholly-owned subsidiaries Taobao Holding Limited and Taobao China Holding Limited, has filed an amended Schedule 13G/A with the United States Securities and Exchange Commission on January 29, 2024, indicating a change in its ownership stake in Perfect Corp. As of the filing date, Taobao China Holding Limited directly owns 4,419,823 Class A ordinary shares of Perfect Corp., which represents 5.2% of the class. This ownership percentage is based on 85,059,953 Class A ordinary shares reported by Perfect Corp. as issued and outstanding in their press release dated December 28, 2023. The filing indicates that Alibaba Group Holding Limited, by virtue of its relationship with its subsidiaries, may be deemed to indirectly beneficially own the shares held by Taobao China Holding Limited. The shares are listed with a par value of $0.10 per share and are identified by the CUSIP Number G7006A109. The filing was signed by Kevin Jinwei Zhang, who holds positions as Company Secretary and Director within the Alibaba Group and its subsidiaries.