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   <title>Alibaba completes HK$80 billion share placement in Hong Kong</title>
   <link>http://www.streetinsider.com/Corporate+News/Alibaba+completes+HK%2480+billion+share+placement+in+Hong+Kong/26977114.html</link>
   <description>&lt;p&gt;Alibaba Group Holding Limited (NYSE: BABA, HKEX: 9988) announced the completion of an HK$80 billion equity placement, issuing 710 million new ordinary shares at HK$112.70 per share to non-U.S. investors outside the United States.&lt;/p&gt;&lt;p&gt;The shares were offered exclusively to non-U.S. persons in offshore transactions under Regulation S of the U.S. Securities Act of 1933 and have not been registered under U.S. securities laws.&lt;/p&gt;&lt;p&gt;According to the company, approximately 60% of net proceeds, or HK$47,871 million, will be directed toward expanding global computing infrastructure. The remaining 40%, or HK$31,914 million, is designated for building AI data centers and upgrading cloud infrastructure, including</description>
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   <pubDate>Wed, 26 Aug 2026 06:56:26 -0400</pubDate>
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   <title>Alibaba completes HK$80 billion share placement in Hong Kong</title>
   <link>http://www.streetinsider.com/Corporate+News/Alibaba+completes+HK%2480+billion+share+placement+in+Hong+Kong/26977114.html</link>
   <description>&lt;p&gt;Alibaba Group Holding Limited (NYSE: BABA, HKEX: 9988) announced the completion of an HK$80 billion equity placement, issuing 710 million new ordinary shares at HK$112.70 per share to non-U.S. investors outside the United States.&lt;/p&gt;&lt;p&gt;The shares were offered exclusively to non-U.S. persons in offshore transactions under Regulation S of the U.S. Securities Act of 1933 and have not been registered under U.S. securities laws.&lt;/p&gt;&lt;p&gt;According to the company, approximately 60% of net proceeds, or HK$47,871 million, will be directed toward expanding global computing infrastructure. The remaining 40%, or HK$31,914 million, is designated for building AI data centers and upgrading cloud infrastructure, including</description>
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   <title>Alibaba completes HK$80 billion share placement in Hong Kong</title>
   <link>http://www.streetinsider.com/Corporate+News/Alibaba+completes+HK%2480+billion+share+placement+in+Hong+Kong/26977114.html</link>
   <description>&lt;p&gt;Alibaba Group Holding Limited (NYSE: BABA, HKEX: 9988) announced the completion of an HK$80 billion equity placement, issuing 710 million new ordinary shares at HK$112.70 per share to non-U.S. investors outside the United States.&lt;/p&gt;&lt;p&gt;The shares were offered exclusively to non-U.S. persons in offshore transactions under Regulation S of the U.S. Securities Act of 1933 and have not been registered under U.S. securities laws.&lt;/p&gt;&lt;p&gt;According to the company, approximately 60% of net proceeds, or HK$47,871 million, will be directed toward expanding global computing infrastructure. The remaining 40%, or HK$31,914 million, is designated for building AI data centers and upgrading cloud infrastructure, including</description>
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   <title>Alibaba completes HK$80 billion share placement in Hong Kong</title>
   <link>http://www.streetinsider.com/Corporate+News/Alibaba+completes+HK%2480+billion+share+placement+in+Hong+Kong/26977114.html</link>
   <description>&lt;p&gt;Alibaba Group Holding Limited (NYSE: BABA, HKEX: 9988) announced the completion of an HK$80 billion equity placement, issuing 710 million new ordinary shares at HK$112.70 per share to non-U.S. investors outside the United States.&lt;/p&gt;&lt;p&gt;The shares were offered exclusively to non-U.S. persons in offshore transactions under Regulation S of the U.S. Securities Act of 1933 and have not been registered under U.S. securities laws.&lt;/p&gt;&lt;p&gt;According to the company, approximately 60% of net proceeds, or HK$47,871 million, will be directed toward expanding global computing infrastructure. The remaining 40%, or HK$31,914 million, is designated for building AI data centers and upgrading cloud infrastructure, including</description>
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   <title>Alibaba Group Announced Completion of HK$80 Billion Placing of New Shares in Hong Kong</title>
   <link>http://www.streetinsider.com/Press+Releases/Alibaba+Group+Announced+Completion+of+HK%2480+Billion+Placing+of+New+Shares+in+Hong+Kong/26977113.html</link>
   <description>
&lt;p&gt;    HONG KONG--(BUSINESS WIRE)--
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the completion of its HK$80 billion placing of 710,000,000 newly issued ordinary shares of the Company (the “Placement Shares”) to non-U.S. persons outside the United States, at a placing price of HK$112.70 per Placement Share (the “Equity Placement”).

&lt;/p&gt;&lt;p&gt;
The Company intends to utilize the net proceeds from the Equity Placement to extend its global AI leadership by investing in its full-stack AI capabilities as follows: (i) approximately 60%, or HK$47,871 million, will</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Press+Releases/Alibaba+Group+Announced+Completion+of+HK%2480+Billion+Placing+of+New+Shares+in+Hong+Kong/26977113.html</guid>
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   <title>Alibaba Group Announced Completion of HK$80 Billion Placing of New Shares in Hong Kong</title>
   <link>http://www.streetinsider.com/Press+Releases/Alibaba+Group+Announced+Completion+of+HK%2480+Billion+Placing+of+New+Shares+in+Hong+Kong/26977113.html</link>
   <description>
&lt;p&gt;    HONG KONG--(BUSINESS WIRE)--
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the completion of its HK$80 billion placing of 710,000,000 newly issued ordinary shares of the Company (the “Placement Shares”) to non-U.S. persons outside the United States, at a placing price of HK$112.70 per Placement Share (the “Equity Placement”).

&lt;/p&gt;&lt;p&gt;
The Company intends to utilize the net proceeds from the Equity Placement to extend its global AI leadership by investing in its full-stack AI capabilities as follows: (i) approximately 60%, or HK$47,871 million, will</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Press+Releases/Alibaba+Group+Announced+Completion+of+HK%2480+Billion+Placing+of+New+Shares+in+Hong+Kong/26977113.html</guid>
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   <title>Alibaba Group Announced Completion of HK$80 Billion Placing of New Shares in Hong Kong</title>
   <link>http://www.streetinsider.com/Press+Releases/Alibaba+Group+Announced+Completion+of+HK%2480+Billion+Placing+of+New+Shares+in+Hong+Kong/26977113.html</link>
   <description>
&lt;p&gt;    HONG KONG--(BUSINESS WIRE)--
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the completion of its HK$80 billion placing of 710,000,000 newly issued ordinary shares of the Company (the “Placement Shares”) to non-U.S. persons outside the United States, at a placing price of HK$112.70 per Placement Share (the “Equity Placement”).

&lt;/p&gt;&lt;p&gt;
The Company intends to utilize the net proceeds from the Equity Placement to extend its global AI leadership by investing in its full-stack AI capabilities as follows: (i) approximately 60%, or HK$47,871 million, will</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Press+Releases/Alibaba+Group+Announced+Completion+of+HK%2480+Billion+Placing+of+New+Shares+in+Hong+Kong/26977113.html</guid>
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   <title>Alibaba Group Announced Completion of HK$80 Billion Placing of New Shares in Hong Kong</title>
   <link>http://www.streetinsider.com/Press+Releases/Alibaba+Group+Announced+Completion+of+HK%2480+Billion+Placing+of+New+Shares+in+Hong+Kong/26977113.html</link>
   <description>
&lt;p&gt;    HONG KONG--(BUSINESS WIRE)--
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the completion of its HK$80 billion placing of 710,000,000 newly issued ordinary shares of the Company (the “Placement Shares”) to non-U.S. persons outside the United States, at a placing price of HK$112.70 per Placement Share (the “Equity Placement”).

&lt;/p&gt;&lt;p&gt;
The Company intends to utilize the net proceeds from the Equity Placement to extend its global AI leadership by investing in its full-stack AI capabilities as follows: (i) approximately 60%, or HK$47,871 million, will</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Press+Releases/Alibaba+Group+Announced+Completion+of+HK%2480+Billion+Placing+of+New+Shares+in+Hong+Kong/26977113.html</guid>
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   <title>Alibaba Group Announced Completion of HK$80 Billion Placing of New Shares in Hong Kong</title>
   <link>http://www.streetinsider.com/Press+Releases/Alibaba+Group+Announced+Completion+of+HK%2480+Billion+Placing+of+New+Shares+in+Hong+Kong/26977113.html</link>
   <description>
&lt;p&gt;    HONG KONG--(BUSINESS WIRE)--
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the completion of its HK$80 billion placing of 710,000,000 newly issued ordinary shares of the Company (the “Placement Shares”) to non-U.S. persons outside the United States, at a placing price of HK$112.70 per Placement Share (the “Equity Placement”).

&lt;/p&gt;&lt;p&gt;
The Company intends to utilize the net proceeds from the Equity Placement to extend its global AI leadership by investing in its full-stack AI capabilities as follows: (i) approximately 60%, or HK$47,871 million, will</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Press+Releases/Alibaba+Group+Announced+Completion+of+HK%2480+Billion+Placing+of+New+Shares+in+Hong+Kong/26977113.html</guid>
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   <title>Alibaba Group Announced Completion of HK$80 Billion Placing of New Shares in Hong Kong</title>
   <link>http://www.streetinsider.com/Business+Wire/Alibaba+Group+Announced+Completion+of+HK%2480+Billion+Placing+of+New+Shares+in+Hong+Kong/26977113.html</link>
   <description>
&lt;p&gt;    HONG KONG--(BUSINESS WIRE)--
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the completion of its HK$80 billion placing of 710,000,000 newly issued ordinary shares of the Company (the “Placement Shares”) to non-U.S. persons outside the United States, at a placing price of HK$112.70 per Placement Share (the “Equity Placement”).

&lt;/p&gt;&lt;p&gt;
The Company intends to utilize the net proceeds from the Equity Placement to extend its global AI leadership by investing in its full-stack AI capabilities as follows: (i) approximately 60%, or HK$47,871 million, will</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Business+Wire/Alibaba+Group+Announced+Completion+of+HK%2480+Billion+Placing+of+New+Shares+in+Hong+Kong/26977113.html</guid>
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   <title>Alibaba Group Announced Completion of HK$80 Billion Placing of New Shares in Hong Kong</title>
   <link>http://www.streetinsider.com/Business+Wire/Alibaba+Group+Announced+Completion+of+HK%2480+Billion+Placing+of+New+Shares+in+Hong+Kong/26977113.html</link>
   <description>
&lt;p&gt;    HONG KONG--(BUSINESS WIRE)--
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the completion of its HK$80 billion placing of 710,000,000 newly issued ordinary shares of the Company (the “Placement Shares”) to non-U.S. persons outside the United States, at a placing price of HK$112.70 per Placement Share (the “Equity Placement”).

&lt;/p&gt;&lt;p&gt;
The Company intends to utilize the net proceeds from the Equity Placement to extend its global AI leadership by investing in its full-stack AI capabilities as follows: (i) approximately 60%, or HK$47,871 million, will</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Business+Wire/Alibaba+Group+Announced+Completion+of+HK%2480+Billion+Placing+of+New+Shares+in+Hong+Kong/26977113.html</guid>
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  <item>
   <title>Alibaba Group Announced Completion of HK$80 Billion Placing of New Shares in Hong Kong</title>
   <link>http://www.streetinsider.com/Business+Wire/Alibaba+Group+Announced+Completion+of+HK%2480+Billion+Placing+of+New+Shares+in+Hong+Kong/26977113.html</link>
   <description>
&lt;p&gt;    HONG KONG--(BUSINESS WIRE)--
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the completion of its HK$80 billion placing of 710,000,000 newly issued ordinary shares of the Company (the “Placement Shares”) to non-U.S. persons outside the United States, at a placing price of HK$112.70 per Placement Share (the “Equity Placement”).

&lt;/p&gt;&lt;p&gt;
The Company intends to utilize the net proceeds from the Equity Placement to extend its global AI leadership by investing in its full-stack AI capabilities as follows: (i) approximately 60%, or HK$47,871 million, will</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Business+Wire/Alibaba+Group+Announced+Completion+of+HK%2480+Billion+Placing+of+New+Shares+in+Hong+Kong/26977113.html</guid>
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  <item>
   <title>Alibaba Group Announced Completion of HK$80 Billion Placing of New Shares in Hong Kong</title>
   <link>http://www.streetinsider.com/Business+Wire/Alibaba+Group+Announced+Completion+of+HK%2480+Billion+Placing+of+New+Shares+in+Hong+Kong/26977113.html</link>
   <description>
&lt;p&gt;    HONG KONG--(BUSINESS WIRE)--
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the completion of its HK$80 billion placing of 710,000,000 newly issued ordinary shares of the Company (the “Placement Shares”) to non-U.S. persons outside the United States, at a placing price of HK$112.70 per Placement Share (the “Equity Placement”).

&lt;/p&gt;&lt;p&gt;
The Company intends to utilize the net proceeds from the Equity Placement to extend its global AI leadership by investing in its full-stack AI capabilities as follows: (i) approximately 60%, or HK$47,871 million, will</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Business+Wire/Alibaba+Group+Announced+Completion+of+HK%2480+Billion+Placing+of+New+Shares+in+Hong+Kong/26977113.html</guid>
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   <title>Alibaba Group Announced Completion of HK$80 Billion Placing of New Shares in Hong Kong</title>
   <link>http://www.streetinsider.com/Business+Wire/Alibaba+Group+Announced+Completion+of+HK%2480+Billion+Placing+of+New+Shares+in+Hong+Kong/26977113.html</link>
   <description>
&lt;p&gt;    HONG KONG--(BUSINESS WIRE)--
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the completion of its HK$80 billion placing of 710,000,000 newly issued ordinary shares of the Company (the “Placement Shares”) to non-U.S. persons outside the United States, at a placing price of HK$112.70 per Placement Share (the “Equity Placement”).

&lt;/p&gt;&lt;p&gt;
The Company intends to utilize the net proceeds from the Equity Placement to extend its global AI leadership by investing in its full-stack AI capabilities as follows: (i) approximately 60%, or HK$47,871 million, will</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Business+Wire/Alibaba+Group+Announced+Completion+of+HK%2480+Billion+Placing+of+New+Shares+in+Hong+Kong/26977113.html</guid>
   <pubDate>Wed, 26 Aug 2026 06:56:00 -0400</pubDate>
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   <title>Alibaba Group Announced Pricing of HK$80 Billion Placing of New Shares in Hong Kong</title>
   <link>http://www.streetinsider.com/Press+Releases/Alibaba+Group+Announced+Pricing+of+HK%2480+Billion+Placing+of+New+Shares+in+Hong+Kong/26963148.html</link>
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&lt;p&gt;    HONG KONG--(BUSINESS WIRE)--
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the pricing of its HK$80 billion placing of 710,000,000 newly issued ordinary shares of the Company (the “Placement Shares”) to non-U.S. persons outside the United States, at a placing price of HK$112.70 per Placement Share (the “Equity Placement”). The Equity Placement is expected to close on August 26, 2026, subject to customary closing conditions.

&lt;/p&gt;&lt;p&gt;
The Equity Placement is being undertaken to extend the Company’s global AI leadership. Alibaba intends to use 100%</description>
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   <title>Alibaba Group Announced Pricing of HK$80 Billion Placing of New Shares in Hong Kong</title>
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&lt;p&gt;    HONG KONG--(BUSINESS WIRE)--
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the pricing of its HK$80 billion placing of 710,000,000 newly issued ordinary shares of the Company (the “Placement Shares”) to non-U.S. persons outside the United States, at a placing price of HK$112.70 per Placement Share (the “Equity Placement”). The Equity Placement is expected to close on August 26, 2026, subject to customary closing conditions.

&lt;/p&gt;&lt;p&gt;
The Equity Placement is being undertaken to extend the Company’s global AI leadership. Alibaba intends to use 100%</description>
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   <title>Alibaba Group Announced Pricing of HK$80 Billion Placing of New Shares in Hong Kong</title>
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   <description>
&lt;p&gt;    HONG KONG--(BUSINESS WIRE)--
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the pricing of its HK$80 billion placing of 710,000,000 newly issued ordinary shares of the Company (the “Placement Shares”) to non-U.S. persons outside the United States, at a placing price of HK$112.70 per Placement Share (the “Equity Placement”). The Equity Placement is expected to close on August 26, 2026, subject to customary closing conditions.

&lt;/p&gt;&lt;p&gt;
The Equity Placement is being undertaken to extend the Company’s global AI leadership. Alibaba intends to use 100%</description>
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   <title>Alibaba Group Announced Pricing of HK$80 Billion Placing of New Shares in Hong Kong</title>
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   <description>
&lt;p&gt;    HONG KONG--(BUSINESS WIRE)--
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the pricing of its HK$80 billion placing of 710,000,000 newly issued ordinary shares of the Company (the “Placement Shares”) to non-U.S. persons outside the United States, at a placing price of HK$112.70 per Placement Share (the “Equity Placement”). The Equity Placement is expected to close on August 26, 2026, subject to customary closing conditions.

&lt;/p&gt;&lt;p&gt;
The Equity Placement is being undertaken to extend the Company’s global AI leadership. Alibaba intends to use 100%</description>
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   <description>
&lt;p&gt;    HONG KONG--(BUSINESS WIRE)--
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the pricing of its HK$80 billion placing of 710,000,000 newly issued ordinary shares of the Company (the “Placement Shares”) to non-U.S. persons outside the United States, at a placing price of HK$112.70 per Placement Share (the “Equity Placement”). The Equity Placement is expected to close on August 26, 2026, subject to customary closing conditions.

&lt;/p&gt;&lt;p&gt;
The Equity Placement is being undertaken to extend the Company’s global AI leadership. Alibaba intends to use 100%</description>
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   <title>Alibaba Group Announced Pricing of HK$80 Billion Placing of New Shares in Hong Kong</title>
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   <description>
&lt;p&gt;    HONG KONG--(BUSINESS WIRE)--
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the pricing of its HK$80 billion placing of 710,000,000 newly issued ordinary shares of the Company (the “Placement Shares”) to non-U.S. persons outside the United States, at a placing price of HK$112.70 per Placement Share (the “Equity Placement”). The Equity Placement is expected to close on August 26, 2026, subject to customary closing conditions.

&lt;/p&gt;&lt;p&gt;
The Equity Placement is being undertaken to extend the Company’s global AI leadership. Alibaba intends to use 100%</description>
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&lt;p&gt;    HONG KONG--(BUSINESS WIRE)--
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the pricing of its HK$80 billion placing of 710,000,000 newly issued ordinary shares of the Company (the “Placement Shares”) to non-U.S. persons outside the United States, at a placing price of HK$112.70 per Placement Share (the “Equity Placement”). The Equity Placement is expected to close on August 26, 2026, subject to customary closing conditions.

&lt;/p&gt;&lt;p&gt;
The Equity Placement is being undertaken to extend the Company’s global AI leadership. Alibaba intends to use 100%</description>
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   <title>Alibaba Group Announced Pricing of HK$80 Billion Placing of New Shares in Hong Kong</title>
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   <description>
&lt;p&gt;    HONG KONG--(BUSINESS WIRE)--
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the pricing of its HK$80 billion placing of 710,000,000 newly issued ordinary shares of the Company (the “Placement Shares”) to non-U.S. persons outside the United States, at a placing price of HK$112.70 per Placement Share (the “Equity Placement”). The Equity Placement is expected to close on August 26, 2026, subject to customary closing conditions.

&lt;/p&gt;&lt;p&gt;
The Equity Placement is being undertaken to extend the Company’s global AI leadership. Alibaba intends to use 100%</description>
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&lt;p&gt;    HONG KONG--(BUSINESS WIRE)--
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the pricing of its HK$80 billion placing of 710,000,000 newly issued ordinary shares of the Company (the “Placement Shares”) to non-U.S. persons outside the United States, at a placing price of HK$112.70 per Placement Share (the “Equity Placement”). The Equity Placement is expected to close on August 26, 2026, subject to customary closing conditions.

&lt;/p&gt;&lt;p&gt;
The Equity Placement is being undertaken to extend the Company’s global AI leadership. Alibaba intends to use 100%</description>
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   <description>
&lt;p&gt;    HONG KONG--(BUSINESS WIRE)--
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the pricing of its HK$80 billion placing of 710,000,000 newly issued ordinary shares of the Company (the “Placement Shares”) to non-U.S. persons outside the United States, at a placing price of HK$112.70 per Placement Share (the “Equity Placement”). The Equity Placement is expected to close on August 26, 2026, subject to customary closing conditions.

&lt;/p&gt;&lt;p&gt;
The Equity Placement is being undertaken to extend the Company’s global AI leadership. Alibaba intends to use 100%</description>
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&lt;p&gt;    HONG KONG--(BUSINESS WIRE)--
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced that it proposes to place newly issued ordinary shares of the Company (the “Placement Shares”) to non-U.S. persons outside the United States with an aggregate placing consideration of HK$80 billion, subject to market and other conditions (the “Equity Placement”).

&lt;/p&gt;&lt;p&gt;
The Equity Placement is being undertaken to extend the Company’s global AI leadership. Alibaba intends to use 100% of the net proceeds from the Equity Placement to invest in its full stack AI</description>
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