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SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Alibaba Group Holding Limited(0%),Alibaba Investment Limited(0%)

SEC announcement ·  May 31 18:09
Summary by Futu AI
Alibaba Group Holding Limited and its subsidiary Alibaba Investment Limited have filed an exit filing with the United States Securities and Exchange Commission, indicating that as of May 30, 2024, they have sold all their shares and ceased to be the beneficial owners of more than five percent of Class A Ordinary Shares of Baozun Inc. The filing, dated May 31, 2024, serves as an amendment to the original Schedule 13G filed on February 12, 2016. This marks the end of Alibaba's status as a major shareholder in Baozun Inc., with both entities having a reported 0% ownership following the sale of 26,469,422 shares. The principal executive offices of Baozun Inc. are located in Shanghai, China, while Alibaba Group Holding Limited and Alibaba Investment Limited are based in the Cayman Islands and British Virgin Islands, respectively.
Alibaba Group Holding Limited and its subsidiary Alibaba Investment Limited have filed an exit filing with the United States Securities and Exchange Commission, indicating that as of May 30, 2024, they have sold all their shares and ceased to be the beneficial owners of more than five percent of Class A Ordinary Shares of Baozun Inc. The filing, dated May 31, 2024, serves as an amendment to the original Schedule 13G filed on February 12, 2016. This marks the end of Alibaba's status as a major shareholder in Baozun Inc., with both entities having a reported 0% ownership following the sale of 26,469,422 shares. The principal executive offices of Baozun Inc. are located in Shanghai, China, while Alibaba Group Holding Limited and Alibaba Investment Limited are based in the Cayman Islands and British Virgin Islands, respectively.
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