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Recent Updates — BABA

September 4, 2026View Source ↗

Alibaba Group Holding Limited issued 710,000,000 new ordinary shares via a placing agreement on August 26, 2026. The shares were placed to not less than six placees at HK$112.70 per share, representing approximately 3.57% of the enlarged issued share capital. This issuance increased Alibaba's total issued shares from 19,174,988,918 to 19,884,988,918 as of August 31, 2026. The company operates in the technology and e-commerce industry.

August 26, 2026View Source ↗

Alibaba Group Holding Limited completed the placing of 710,000,000 newly issued ordinary shares on August 26, 2026, raising gross proceeds of HK$80 billion at a price of HK$112.70 per share. The net proceeds amount to approximately HK$79.7 billion and will be allocated to expand global computing infrastructure (60%) and accelerate the buildout of hyperscale AI data centers while upgrading cloud infrastructure (40%). This equity issuance represents approximately 3.57% of the enlarged total number of shares in issue immediately following completion.

August 26, 2026View Source ↗

Alibaba Group Holding Limited issued 710,000,000 new ordinary shares under its General Mandate on August 26, 2026. The placement was priced at HKD 112.7 per share, representing a 3.7% increase in the total number of issued shares from an opening balance of 19,174,988,918 to a closing balance of 19,884,988,918. Alibaba Group Holding Limited operates in the technology and e-commerce industry.