Alibaba Group Announces September Quarter 2023 Results

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Alibaba (BABA) Decides to Not Proceed with Cloud Intelligence Group Spin-off

November 16, 2023 6:50 AM EST

Alibaba (NYSE: BABA) has announced:

Impacts of Recent U.S. Export Controls Expansion

In October 2023, the United States expanded its export control rules to further restrict the export to China of advanced computing chips and semiconductor manufacturing equipment. We believe that these... More

Alibaba (BABA) Announces $1/ADS Dividend, Provides Update on Share Buyback

November 16, 2023 6:48 AM EST

Alibaba (NYSE: BABA) has announced:

Our board of directors has approved an annual cash dividend for fiscal year 2023 in the amount of US$0.125 per ordinary share or US$1.00 per ADS, payable in U.S. dollars, to holders of ordinary shares and holders of ADSs, as of the close of business on December 21, 2023, Hong Kong Time and New York Time,... More

Alibaba (BABA) Tops Q3 EPS

November 16, 2023 6:44 AM EST

Alibaba (NYSE: BABA) reported Q3 EPS of RMB15.63, RMB0.24 better than the analyst estimate of RMB15.39. Revenue for the quarter came in at RMB224.79 billion versus the consensus estimate of RMB224.95 billion.

Alibaba Group delivered a solid quarter, marked by renewed momentum and energy across multiple businesses as a result of... More