Upcoming Dividend • Jun 04
Upcoming dividend of US$1.03 per share Eligible shareholders must have bought the stock before 11 June 2026. Payment date: 13 July 2026. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (1.4%). Reported Earnings • May 21
Full year 2026 earnings released: EPS: CN¥45.63 (vs CN¥55.12 in FY 2025) Full year 2026 results: EPS: CN¥45.63 (down from CN¥55.12 in FY 2025). Revenue: CN¥1.02t (up 2.7% from FY 2025). Net income: CN¥105.9b (down 18% from FY 2025). Profit margin: 10% (down from 13% in FY 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year and the company’s share price has also increased by 15% per year. Declared Dividend • May 20
Dividend of US$1.03 announced Shareholders will receive a dividend of US$1.03. Ex-date: 11th June 2026 Payment date: 13th July 2026 Dividend yield will be 0.9%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is covered by earnings (16% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 3 years and payments have been stable during that time. EPS is expected to grow by 65% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • May 15
Alibaba Group Holding Limited announces Annual dividend, payable on July 13, 2026 Alibaba Group Holding Limited announced Annual dividend of USD 1.0300 per share payable on July 13, 2026, ex-date on June 11, 2026 and record date on June 11, 2026. Tillkännagivande • May 02
Alibaba International Digital Commerce Group Launches Accio Work and Accio Launchpad Alibaba International Digital Commerce Group (Alibaba International) recorded over 230,000 businesses worldwide who have successfully deployed autonomous Agentic Business Teams to manage their e-commerce operations. Accio Work acts as a full-stack digital workforce, where users assign roles to specialized AI agents that collaborate to execute complex tasks. Building on this momentum, Accio Work is expanding to serve B2B sellers on Alibaba.com. Launching in late April, this new capability allows sellers to manage their entire Alibaba.com store directly through Accio Work -- from tracking performance and updating product listings to optimizing daily operations, all via simple natural language commands. In addition to these operational upgrades, Accio Work is extending the reach of its agentic business teams beyond digital retail with the launch of Accio Launchpad. This specialized program is designed specifically for non-product-focused enterprises such as cultural institutions, content creators and tech start-ups who want to create branded merchandise but lack manufacturing expertise. Managed by an autonomous agent team, it guides users from abstract concepts to tangible production by managing material specifications, supplier matching and quality control. The Accio Launchpad program is now open to applications from eligible businesses seeking access to AI-powered tools, expert support and the resources to bring branded merchandise to market. Applications are reviewed on a rolling basis. The Mucha Foundation Art Museum in Prague (Czech Republic) recently demonstrated the power of this approach while developing a souvenir line honoring Art Nouveau legend Alphonse Mucha. Tasked with producing high-craftsmanship items like custom umbrellas and embossed magnets without an internal manufacturing team, the museum used Accio Work to transition from idea to production in record time. The Agentic Business Team executed thousands of steps, including selecting advanced 3D-embossing techniques and negotiating with specialized manufacturers. The result is a curated, limited-edition collection scheduled for launch this June, transforming artistic vision into reality without the need for fragmented tools or industry connections. Tillkännagivande • Apr 29
Alibaba Group Holding Limited to Report Q4, 2026 Results on May 13, 2026 Alibaba Group Holding Limited announced that they will report Q4, 2026 results at 9:30 AM, US Eastern Standard Time on May 13, 2026 Tillkännagivande • Apr 09
Ultra Accelerator Link Consortium Publishes Four Specifications Defining In-Network Compute, Chiplets, Manageability and 200G Performance Ultra Accelerator Link Consortium, the industry standards organization developing the open scale-up interconnect for next-generation AI workloads, announced the ratification of the next UALink Specification, which encompasses three major additions – In-Network Compute, Chiplet Definition, and Manageability. The new specifications support the deployment of UALink solutions in multi-workload environments, while simultaneously helping improve UALink technology efficiency, performance for AI workloads and ease of implementation. The UALink Consortium provides a standardized foundation for accelerator connectivity at scale, helping drive innovation, increase deployment flexibility and support the rapidly growing performance demands of next-generation AI workloads. The new specification update is facilitated through UALink Consortium’s open governance model, which fosters innovation while enabling a robust, multi-vendor supply chain, providing system designers and cloud providers with the necessary flexibility to deploy interoperable solutions without vendor lock-in. New UALink Specifications: UALink Common Specification 2.0 introduces In-Network Compute for UALink technology, facilitating computation and communication between accelerators. Reduces latency, saves bandwidth, and improves scaling efficiency for distributed training and inference for AI solutions for complex and multi-workload environments for UALink systems. UALink 200G Data Link and Physical Layers (DL/PL) Specification 2.0 split the DL/PL Specification from the UALink Common Specification to enable UALink to move quickly as new physical layers and speeds are needed by the industry without requiring changes to the other specifications. UALink Manageability Specification 1.0 introduces UALink as a system with centralized control and management planes. Utilizes standardized protocols, modeling and APIs like gNMI, Yang, SAI and Redfish. UALink Chiplet Specification 1.0 defines the necessary information to integrate UALink technology into chiplet-based SoCs, including interfaces, form factors, flow control and chiplet management standardization. Fully compliant with the UCIe 3.0 Specification for simplified integration into existing chiplet ecosystems. All of the UALink specifications are available for public download. Tillkännagivande • Mar 06
Alibaba Group Holding Limited to Report Q3, 2026 Results on Mar 19, 2026 Alibaba Group Holding Limited announced that they will report Q3, 2026 results Pre-Market on Mar 19, 2026 Tillkännagivande • Nov 12
Alibaba Group Holding Limited to Report Q2, 2026 Results on Nov 25, 2025 Alibaba Group Holding Limited announced that they will report Q2, 2026 results Pre-Market on Nov 25, 2025 Reported Earnings • Aug 31
First quarter 2026 earnings released: EPS: CN¥18.57 (vs CN¥10.05 in 1Q 2025) First quarter 2026 results: EPS: CN¥18.57 (up from CN¥10.05 in 1Q 2025). Revenue: CN¥247.7b (up 1.8% from 1Q 2025). Net income: CN¥43.1b (up 78% from 1Q 2025). Profit margin: 17% (up from 10.0% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Aug 27
Now 21% undervalued Over the last 90 days, the stock has risen 1.9% to €105. The fair value is estimated to be €133, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are also forecast to grow by 8.5% per annum over the same time period. Tillkännagivande • Aug 18
Alibaba Group Holding Limited to Report Q1, 2026 Results on Aug 29, 2025 Alibaba Group Holding Limited announced that they will report Q1, 2026 results at 5:00 PM, China Standard Time on Aug 29, 2025 Tillkännagivande • Jul 22
Alibaba Group Holding Limited, Annual General Meeting, Aug 05, 2025 Alibaba Group Holding Limited, Annual General Meeting, Aug 05, 2025. Tillkännagivande • Feb 21
Alibaba Group Holding Limited Reports Impairment of Goodwill for the Quarter Ended December 31, 2024 Alibaba Group Holding Limited reported Impairment of goodwill for the quarter ended December 31, 2024. Impairment of goodwill in the quarter ended December 31, 2024 was RMB 6,171 million (USD 845 million), a decrease of 27%, from RMB 8,490 million in the same quarter of 2023. Tillkännagivande • Feb 06
Alibaba Group Holding Limited to Report Q3, 2025 Results on Feb 20, 2025 Alibaba Group Holding Limited announced that they will report Q3, 2025 results Pre-Market on Feb 20, 2025 Tillkännagivande • Dec 17
Youngor Fashion Co., Ltd. and the management of Intime Retail (Group) Company Limited agreed to acquire Intime Retail (Group) Company Limited from Alibaba Group Holding Limited (NYSE:BABA) and minority shareholder. Youngor Fashion Co., Ltd. and the management of Intime Retail (Group) Company Limited agreed to acquire Intime Retail (Group) Company Limited from Alibaba Group Holding Limited (NYSE:BABA) and minority shareholder on December 17, 2024. Alibaba will receive CNY 7.4 billion from the sale. Alibaba expects to record losses of approximately CNY 9.3 billion as a result of the sale.
The transaction is subject to PRC merger control clearance and other customary closing conditions. Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: CN¥18.71 (vs CN¥10.90 in 2Q 2024) Second quarter 2025 results: EPS: CN¥18.71 (up from CN¥10.90 in 2Q 2024). Revenue: CN¥236.5b (up 5.2% from 2Q 2024). Net income: CN¥43.9b (up 58% from 2Q 2024). Profit margin: 19% (up from 12% in 2Q 2024). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Tillkännagivande • Nov 01
Alibaba Group Holding Limited to Report Q2, 2025 Results on Nov 15, 2024 Alibaba Group Holding Limited announced that they will report Q2, 2025 results Pre-Market on Nov 15, 2024 Tillkännagivande • Oct 27
Alibaba Group Holding Limited Enters into Agreement to Settle Shareholder Class Action Lawsuit Alibaba Group Holding Limited and certain of its current and former officers and directors have entered into an agreement to resolve the consolidated putative shareholder class action lawsuit previously disclosed in the Company's public filings captioned
In re: Alibaba Group Holding Ltd. Securities Litigation, No. 1:20-cv-09568-GBD-JW (S.D.N.Y.). Pursuant to the agreement, the company has agreed to pay $433.5 million to settle the lawsuit. All Defendants will receive a full release of all claims brought in such lawsuit. The settlement, which is subject to a number of conditions including court approval, does not constitute an admission or finding that the claims asserted in the lawsuit had any merit. The Company denies any allegations of fault, liability, wrongdoing, or damages. The company entered into the settlement to avoid the cost and disruption of further litigation. Tillkännagivande • Oct 18
Alibaba, Baidu Reportedly Investing in Horizon Robotics' $700 Billion IPO Alibaba Group Holding Limited (NYSE:BABA) and Baidu, Inc. (NasdaqGS:BIDU) are investing in a nearly $700 million equity offering by a Chinese smart-driving firm, indicating rising demand for assets in the rapidly growing market for autonomous driving. Beijing Horizon Robotics Technology Co., Ltd. (Horizon Robotics), which is planning to raise as much as HKD 5.41 billion through an initial public offering, equivalent to $696.6 million, will begin taking orders from institutional investors starting October 16, 2024, it said in a filing. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €94.40, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Multiline Retail industry in Europe. Total loss to shareholders of 24% over the past three years. Reported Earnings • Aug 16
First quarter 2025 earnings released: EPS: CN¥10.08 (vs CN¥13.40 in 1Q 2024) First quarter 2025 results: EPS: CN¥10.08 (down from CN¥13.40 in 1Q 2024). Revenue: CN¥243.2b (up 3.9% from 1Q 2024). Net income: CN¥24.5b (down 29% from 1Q 2024). Profit margin: 10% (down from 15% in 1Q 2024). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Aug 02
Alibaba Group Holding Limited to Report Q1, 2025 Results on Aug 15, 2024 Alibaba Group Holding Limited announced that they will report Q1, 2025 results at 9:30 AM, US Eastern Standard Time on Aug 15, 2024 Upcoming Dividend • Jun 06
Upcoming dividend of US$1.64 per share Eligible shareholders must have bought the stock before 13 June 2024. Payment date: 12 July 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.1%). New Risk • May 25
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 27% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Reported Earnings • May 15
Full year 2024 earnings released: EPS: CN¥31.61 (vs CN¥27.65 in FY 2023) Full year 2024 results: EPS: CN¥31.61 (up from CN¥27.65 in FY 2023). Revenue: CN¥941.2b (up 8.3% from FY 2023). Net income: CN¥79.7b (up 10.0% from FY 2023). Profit margin: 8.5% (up from 8.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Tillkännagivande • May 01
Alibaba Group Holding Limited to Report Q4, 2024 Results on May 14, 2024 Alibaba Group Holding Limited announced that they will report Q4, 2024 results Pre-Market on May 14, 2024 Reported Earnings • Feb 08
Third quarter 2024 earnings released: EPS: CN¥5.73 (vs CN¥18.00 in 3Q 2023) Third quarter 2024 results: EPS: CN¥5.73 (down from CN¥18.00 in 3Q 2023). Revenue: CN¥260.3b (up 5.1% from 3Q 2023). Net income: CN¥14.4b (down 69% from 3Q 2023). Profit margin: 5.5% (down from 19% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Feb 07
Alibaba Group Holding Limited Reports Impairment Charges Results for the Quarter Ended December 31, 2023 Alibaba Group Holding Limited reported impairment charges results for the quarter ended December 31, 2023. For the quarter, the company reported impairment of goodwill of RMB 8,490 million against RMB 2,714 million a year ago. Tillkännagivande • Jan 25
Alibaba Group Holding Limited to Report Q3, 2024 Results on Feb 07, 2024 Alibaba Group Holding Limited announced that they will report Q3, 2024 results Pre-Market on Feb 07, 2024 Tillkännagivande • Nov 17
Alibaba Group Holding Limited Declares Final Dividend for the Year Ended March 31, 2023, Payable on 11 January 2024 Alibaba Group Holding Limited declares final dividend of USD 0.125 per share for the year ended March 31, 2023, payable on 11 January 2024. Ex-dividend date 20 December 2023 and Record date 21 December 2023. Reported Earnings • Nov 17
Second quarter 2024 earnings released: EPS: CN¥10.90 (vs CN¥7.77 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥10.90 (up from CN¥7.77 loss in 2Q 2023). Revenue: CN¥224.8b (up 8.5% from 2Q 2023). Net income: CN¥27.7b (up CN¥48.3b from 2Q 2023). Profit margin: 12% (up from net loss in 2Q 2023). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 28% per year whereas the company’s share price has fallen by 32% per year. Tillkännagivande • Nov 08
Shao-Ning Johnny Chou, Mr. George Chow, Denlux Logistics Technology Invest Inc., Alibaba Investment Limited, BJ Russell Holdings Limited and Cainiao Smart Logistics Investment Limited agreed to acquire 51% stake in BEST Inc. (NYSE:BEST) for $27 million. Shao-Ning Johnny Chou, Mr. George Chow, Denlux Logistics Technology Invest Inc., Alibaba Investment Limited, BJ Russell Holdings Limited and Cainiao Smart Logistics Investment Limited agreed to acquire 51% stake in BEST Inc. (NYSE:BEST) for $27 million on November 3, 2023. We intend to finance the Acquisition with equity capital from the Buyer Group in the form of rollover equity in the Company and cash contributions. Tillkännagivande • Nov 04
Alibaba Group Holding Limited to Report Q2, 2024 Results on Nov 16, 2023 Alibaba Group Holding Limited announced that they will report Q2, 2024 results Pre-Market on Nov 16, 2023 Tillkännagivande • Sep 13
Alibaba Group Holding Limited Announces Management Changes of Alibaba Cloud Intelligence Group Alibaba Group Holding Limited announced on June 20, 2023, the Company has completed its leadership transition with Mr. Joseph C. Tsai assuming the role of Chairman and Mr. Eddie Yongming Wu ("Mr. Wu") assuming the role of Chief Executive Officer and Director of the Company. In addition, the Company announces that Mr. Wu will succeed Mr. Daniel Yong zhang ("Mr. Zhang") as acting Chairman and Chief Executive Officer of the Alibaba Cloud Intelligence Group, with effect from September 10, 2023. The Company will continue to execute its previously announced plan to spin off Alibaba Cloud Intelligence Group under a separate management team to be appointed, subject to restructuring of certain assets, liabilities and contracts, implementation of employee equity incentive plans, market conditions, as well as regulatory reviews and approvals in relevant jurisdictions. The board of Company expresses its deepest appreciation to Mr. Zhang for his contributions to Alibaba Group over the past 16 years, including as Chief Executive Officer since 2015 and as Chairman since 2019, as well as his leadership of Alibaba Cloud Intelligence Group since 2022. Buying Opportunity • Aug 11
Now 21% undervalued Over the last 90 days, the stock is up 11%. The fair value is estimated to be €110, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 45%. For the next 3 years, revenue is forecast to grow by 7.6% per annum. Earnings is also forecast to grow by 16% per annum over the same time period. New Risk • Aug 11
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Tillkännagivande • Aug 03
Alibaba Group Holding Limited, Annual General Meeting, Aug 15, 2023 Alibaba Group Holding Limited, Annual General Meeting, Aug 15, 2023. Tillkännagivande • Jul 06
Alibaba Reportedly Explores Video Entertainment Assets Options Alibaba Group Holding Limited (NYSE:BABA) is exploring options for its video entertainment assets, according to people familiar with the matter, as the Chinese tech giant wades deeper into its plan to revamp its structure. The company is conducting a strategic review of video streaming platforms Youku Tudou Inc. and Tudou Holdings Limited, said the people, who asked not to be identified as the information is private. One of the options under consideration is to inject the assets into Alibaba Pictures Group Ltd. and bolster the business scope of the Hong Kong-listed company, the people said. Tillkännagivande • Jun 21
Alibaba Group Holding Limited Announces CEO Changes, Effective September 10, 2023 Alibaba Group Holding Limited announced that Eddie Yongming Wu, Chairman of Taobao and Tmall Group, will succeed Mr. Daniel Yong Zhang as Chief Executive Officer and replace Mr. Zhang on the Company's board of directors effective September 10, 2023. Following this transition, Mr. Zhang will continue to lead the Alibaba Cloud Intelligence Group as its Chairman and Chief Executive Officer. Eddie Yongming Wu is one of co-founders, a member of the Alibaba Partnership and chairman of Taobao and Tmall Group since May 2023. Mr. Wu was technology director of Alibaba at the company's inception in 1999. He served as chief technology officer of Alipay from December 2004, and became business director of monetization platform, Alimama, in November 2005 and was promoted to its general manager in December 2007. In September 2008, he became chief technology officer of Taobao, and in October 2011 he took on the role of head of Alibaba Group's search, advertising and mobile business. Mr. Wu served as director of Alibaba Health Information Technology Limited ("Alibaba Health"), a company listed on the Main Board of the Hong Kong Stock Exchange, from April 2015 to October 2021 and chairman of Alibaba Health from April 2015 to March 2020. From September 2014 to September 2019, Mr. Wu was special assistant to Alibaba Group's board chairman. In August 2015, Mr. Wu founded Vision Plus Capital, a venture capital firm focused on investing in advanced technologies, enterprise services and digital healthcare. He graduated from the College of Information Engineering of Zhejiang University of Technology in June 1996. 
