News Articles

Alibaba Group Upsizes Share Repurchase to US$25 Billion from US$15 Billion, Appoints New Independent Director to Board HANGZHOU, China -Tuesday 22 March 2022  

(BUSINESS WIRE) -- Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, the “Company”) today announced that the Company’s board has authorized to upsize its share repurchase program to US$25 billion from US$15 billion (the “Share Repurchase Program”), in a sign of confidence about...

Alibaba Group Announces Carbon Neutrality Goal by 2030 -Sunday 19 December 2021  

Alibaba Group targeting Scope 1 and 2 carbon neutrality, 50% carbon intensity reduction for Scope 3 by 2030 Alibaba Cloud targeting Scope 1, 2 and 3 carbon neutrality by 2030 New Scope 3+ dimension to facilitate additional 1.5 gigatons of decarbonization across Alibaba Ecosystem by...

Alibaba Group Announces CFO Succession -Monday 6 December 2021  

(BUSINESS WIRE)-- Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, “Alibaba” or “Alibaba Group”) today announced that Toby Xu, Deputy Chief Financial Officer, will succeed Maggie Wu as the Company’s Chief Financial Officer, effective April 1, 2022. Maggie will continue as a...

Alibaba 2021 11.11 Global Shopping Festival Delivers Steady Growth -Sunday 14 November 2021  

(BUSINESS WIRE)-- Alibaba Group Holding Limited (NYSE: BABA; HKEX: 9988) today successfully concluded its 13th annual 11.11 Global Shopping Festival (“11.11”), which generated RMB540.3 billion (US$84.54 billion) in gross merchandise volume (GMV) during the 11-day campaign. "This 11.11...

Alibaba Group Announces Pricing of Offering of US$5 Billion of Senior Unsecured Notes -Friday 5 February 2021  

(BUSINESS WIRE)-- Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, “Alibaba,” “Alibaba Group” or the “company”) today announced the pricing of an underwritten registered public offering of US$5 billion aggregate principal amount of U.S. dollar-denominated senior unsecured...

Alibaba Group Announces Proposed Offering of Senior Unsecured Notes -Wednesday 3 February 2021  

(BUSINESS WIRE) -- Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, “Alibaba,” “Alibaba Group” or the “company”) today announced that it proposes to offer U.S. dollar-denominated senior unsecured notes (the “Notes”), including notes being issued under its sustainable...

Alibaba Group Unveils Plans for 2020 11.11 Global Shopping Festival -Tuesday 20 October 2020  

(BUSINESS WIRE)-- Alibaba Group Holding Limited (NYSE: BABA; HKEX: 9988) today kicked off its 11.11 Global Shopping Festival (“11.11” or “Festival”) with new innovations and features to meet rapidly changing consumer trends. These include the participation of Alipay’s digital lifestyle...

Alibaba Acquires Controlling Stake in Sun Art -Monday 19 October 2020  

(BUSINESS WIRE)-- Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, “Alibaba” or “Alibaba Group”) today announced it will invest approximately USD3.6 billion in respect of Sun Art Retail Group Limited (HKEX: 6808, “Sun Art”), a leading hypermarket and supermarket operator in...

Alibaba Group Announces Pricing of Global Offering -Wednesday 20 November 2019  

(BUSINESS WIRE)-- Alibaba Group Holding Limited (NYSE: BABA) (“Alibaba” or the “Company”) today announced the pricing of the Global Offering of 500,000,000 ordinary shares (the “Shares”) which comprises an international offering and a Hong Kong public offering. The final offer price...

Alibaba Group Launches Hong Kong Initial Public Offering -Friday 15 November 2019  

(BUSINESS WIRE)-- Alibaba Group Holding Limited (NYSE: BABA) (“Alibaba” or “the Company”) today announced the launch of its Hong Kong public offering (the “Public Retail Offering”), which forms part of the global offering (the “Offering”) of 500,000,000 new ordinary shares (the...

Alibaba Kicks Off 2019 11.11 Global Shopping Festival -Monday 21 October 2019  

(BUSINESS WIRE) -- Alibaba Group Holding Limited (NYSE: BABA) today kicked off its 2019 11.11 Global Shopping Festival, taking the annual celebration into its second decade with a focus on “new consumption,” “new business” and actively contributing to a greener society. “Our goal is...

Alibaba Launches A100 Strategic Partnership Program -Friday 11 January 2019

(BUSINESS WIRE)-- Alibaba Group Holding Limited (NYSE: BABA) today announced the launch of “A100,” a strategic partnership program that offers companies a holistic one-stop solution to accelerate their digital transformation. Members of A100 will develop a deep and longstanding working...

Alibaba’s Robust Ecosystem Supercharges 2018 11.11 Global Shopping Festival -Friday 19 October 2018

(BUSINESS WIRE)-- Alibaba Group Holding Limited (NYSE:BABA) today officially kicked off the 2018 11.11 Global Shopping Festival in China’s capital, promising this year’s mega-event will be the largest-ever in terms of scale and reach. Businesses within the Alibaba ecosystem will jointly...

Alibaba Announces Smart Mobility Initiatives with Partners -Thursday 20 September 2018

(BUSINESS WIRE) -- Alibaba Group Holding Limited (NYSE: BABA) announced today a series of smart mobility initiatives in partnership with auto brands and technology service providers. The announcement was made during The Cloud Computing Conference, the company’s largest technology showcase,...

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