Alibaba Group Hldg Ltd Stock Price, News & Analysis

Intercontinental Exchange (NYSE:ICE) announced a record trading day for its MICRO NYSE FANG+™ Index futures on August 26, with 20,732 contracts traded. This marks an increase in average daily volume to 8,423 contracts for August. The NYSE FANG+™ Index includes major tech firms like Alibaba and Amazon, boasting an annualized return of 33.41%. The futures contracts were reduced in notional value to approximately $35,000 in September 2020, enhancing accessibility for a broader range of participants.

Alibaba Group announced its financial results for Q2 2021, reporting a 34% year-over-year revenue growth to RMB205,740 million (US$31,865 million). Annual active consumers reached 1.18 billion, with significant contributions from its China retail marketplaces and international business. Notably, adjusted net income rose 10% to RMB43,441 million (US$6,728 million). However, income from operations fell 11% to RMB30,847 million (US$4,778 million) due to increased investments. The company has also increased its share repurchase program from US$10 billion to US$15 billion.

Alibaba Group Holding Limited (NYSE: BABA) has filed its annual report on Form 20-F for the fiscal year ending March 31, 2021. Available on the company’s investor relations website, the report includes audited consolidated financial statements. Shareholders and ADS holders can request a hard copy of the report free of charge. The company continues to focus on its mission to simplify business and aims to build a lasting future infrastructure of commerce.

Alibaba Group Holding Limited (NYSE: BABA) will announce its unaudited financial results for the quarter ended June 30, 2021, before U.S. markets open on August 3, 2021. A conference call will be held at 7:30 a.m. Eastern Time to discuss these results. Investors can join the call through various international numbers or via a live webcast accessible on Alibaba's Investor Relations website. An archived version of the webcast will be available after the call.

Alibaba Group (NYSE: BABA) reported strong financial results for fiscal year 2021, achieving RMB717.3 billion (US$109.5 billion) in revenue, up 41% year-over-year. The company exceeded revenue guidance, driven by a 32% organic growth excluding the Sun Art acquisition. Alibaba's annual active consumer base surpassed one billion globally, with 811 million active users in China. Despite a RMB18.2 billion (US$2.8 billion) anti-monopoly fine, adjusted EBITDA grew 25% to RMB196.8 billion (US$30.0 billion). For fiscal 2022, Alibaba anticipates revenues exceeding RMB930 billion.

Alibaba Group Holding Limited (NYSE: BABA) will release its unaudited financial results for the quarter and fiscal year ending March 31, 2021, before the U.S. market opens on May 13, 2021. A conference call discussing the results is scheduled for 7:30 a.m. U.S. Eastern Time (7:30 p.m. Hong Kong Time) on the same day. Dial-in details for various regions are provided, along with a live webcast and archived replay available for one week. Alibaba aims to revolutionize commerce and is focused on long-term sustainable growth.

Alibaba Group announced a public offering of US$5 billion in senior unsecured notes, including sustainability notes. The offering comprises:

• US$1.5 billion 2.125% notes due 2031
• US$1 billion 2.700% sustainability notes due 2041
• US$1.5 billion 3.150% notes due 2051
• US$1 billion 3.250% notes due 2061

The offering is expected to close on February 9, 2021. Proceeds will support corporate purposes, including debt repayment and eligible sustainable projects. There are inherent risks related to market conditions and regulatory compliance.

Alibaba Group announced plans to offer U.S. dollar-denominated senior unsecured notes, including Sustainability Notes, subject to market conditions. The offering is registered with the SEC, but specific terms like principal amount and interest rates are yet to be confirmed. Proceeds from the offering will support general corporate purposes, including working capital, debt repayment, and potential acquisitions. Sustainability Notes will fund projects in green buildings, renewable energy, and circular economy initiatives. The completion of the offering is not guaranteed.

Alibaba Group Holding Limited (NYSE: BABA) has announced an increase in its share repurchase program from US$6 billion to US$10 billion. This program is set to be effective for a two-year period, concluding in 2022. The execution of the share repurchase program began in this quarter, signaling the company's commitment to enhancing shareholder value.