Duyuru • 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. Duyuru • 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 Duyuru • 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. Duyuru • 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. Duyuru • 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 Duyuru • Jul 06
Alibaba Group Holding Limited, Annual General Meeting, Aug 22, 2024 Alibaba Group Holding Limited, Annual General Meeting, Aug 22, 2024, at 09:00 China Standard Time. Duyuru • 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 only fallen by 8% per year, which means it has not declined as severely as earnings. Duyuru • 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. Duyuru • 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 Duyuru • 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. Duyuru • 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. Duyuru • 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 Duyuru • 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. 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. Duyuru • Aug 03
Alibaba Group Holding Limited, Annual General Meeting, Aug 15, 2023 Alibaba Group Holding Limited, Annual General Meeting, Aug 15, 2023. Reported Earnings • Jul 23
Full year 2023 earnings released: EPS: CN¥27.65 (vs CN¥22.99 in FY 2022) Full year 2023 results: EPS: CN¥27.65 (up from CN¥22.99 in FY 2022). Revenue: CN¥868.7b (up 1.8% from FY 2022). Net income: CN¥72.5b (up 17% from FY 2022). Profit margin: 8.3% (up from 7.3% in FY 2022). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Duyuru • 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. Duyuru • 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. 
