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  "notes": "The chart illustrates the divestment strategy via financial derivatives.",
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      "text": "*1 Calculated based on 21,357,323,112 ordinary shares outstanding as of Mar 31, 2022 which are disclosed in Alibaba's Form 20-F. *2 Calculated based on 21,185,107,544 ordinary shares outstanding as of Jul 15, 2022 which are disclosed in Alibaba's Form 20-F. *3 Calculated based on the number of ordinary shares outstanding as of Sep 30, 2022. *4 Calculated based on the number of ordinary shares outstanding as of Dec 31, 2022. *5 Calculated based on the number of ordinary shares outstanding as of Mar 31, 2023.",
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