In Docker for Windows does each container run in separate VM?

Dear andrewconnell, thank you very much! Thank you for the link and for the information. Everything is really helpful, but still there is one thing that i can’t understand, please can you maybe help me with it. From your explanation and from the article under it seems that if i run docker beta for windows on windows 10 (as i am doing) then each container will run on separate light VM. From the article it seem that for windows there are only those two possibilities: either windows containers or hyper-v containers.

But when i run few containers on windows 10 with docker beta simultaneously, i see on hyper-v only one VM with the name “MobyLinuxVM”. Then how are those containers running on hyper-v each in separate VM, when its just one VM there. I would appreciate it so much if you can please help me with this.