13D Filing: Alibaba Group Holding Ltd (BABA) and BEST Inc (ADR) (BSTI)

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CUSIP No. 08653C106

 

 

1.

Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).

 

Alibaba Investment Limited

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 o

 

 

(b)

 x

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions):
AF

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

 

6.

Citizenship or Place of Organization:
British Virgin Islands

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power:
85,831,692 Class A Ordinary Shares(1)

 

8.

Shared Voting Power

 

9.

Sole Dispositive Power:
85,831,692 Class A Ordinary Shares
(1)

 

10.

Shared Dispositive Power

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person:
85,831,692 Class A Ordinary Shares
(1)

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11):
28.3% of Class A Ordinary Shares
(1)(2) (representing 23.3% of the total issued and outstanding ordinary shares of the Issuer)(3)

 

 

14.

Type of Reporting Person (See Instructions)
CO

 


(1)

The Reporting Persons are deemed to beneficially own 85,831,692 Class A ordinary shares, par value US$0.01 per share, of the Issuer (Class A Ordinary Shares) based on beneficial ownership of: (i) 10,000,000 American Depositary Shares (ADSs) representing a total of 10,000,000 Class A Ordinary Shares, and (ii) 75,831,692 Class B ordinary shares, par value US$0.01 per share, of the Issuer (Class B Ordinary Shares), which are convertible into the same number of Class A Ordinary Shares at any time at the option of the holder thereof.

 

 

(2)

This percentage is calculated based upon 303,000,144 issued and outstanding Class A Ordinary Shares (taking into account 227,168,452 Class A Ordinary Shares issued and outstanding immediately after the Issuers initial public offering of ADSs (the IPO), as reported in the Issuers prospectus on Form 424B4 filed on September 20, 2017, and assuming conversion of all 75,831,692 Class B Ordinary Shares held by the Reporting Persons into the same number of Class A Ordinary Shares).

 

 

(3)

This percentage is calculated based upon 369,034,399 ordinary shares of the Issuer issued and outstanding immediately after the IPO, as reported in the Issuers prospectus on Form 424B4 filed on September 20, 2017, comprised of (i) 227,168,452 Class A Ordinary Shares, (ii) 94,075,249 Class B Ordinary Shares and (iii) 47,790,698 Class C ordinary shares, par value US$0.01 per share, of the Issuer (Class C Ordinary Shares).

 

 

2


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