Interesting - I didn't know that as I haven't been following the story closely. For others who may be in the same boat, I found some additional details here:

Interesting - I didn't know that as I haven't been following the story closely. For others who may be in the same boat, I found some additional details here: "Alibaba will not own most of its Chinese assets, including Taobao Marketplace and Alibaba.com. So the companies that are the core of Alibaba’s Chinese operations — the main reason for the anticipated heated investor demand — will not even be owned by Alibaba... Instead, the company is using a so-called variable interest entity structure." http://dealbook.nytimes.com/2014/05/06/i-p-o-revives-debate-over-a-chinese-structure/ http://dealbook.nytimes.com/2014/05/06/i-p-o-revives-debate-...