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.

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.

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.

Alibaba Group Holding Limited priced a placing of 710,000,000 newly issued ordinary shares at HK$112.70 per share, raising aggregate gross proceeds of HK$80 billion and net proceeds of approximately HK$79.7 billion. The transaction was completed on August 26, 2026, following the agreement dated August 23, 2026. Alibaba intends to use 100% of the net proceeds to invest in full-stack AI capabilities and expand its AI infrastructure. This equity issuance represents approximately 3.57% of the enlarged share capital. Alibaba Group is a global technology company focused on AI + Cloud and commerce.