Alibaba Group Holding Ltd. cut its share repurchases by roughly 80% in the June 2026 quarter, buying back 13.4 million ordinary shares (1.7 million ADSs) for US$162 million versus 56 million ordinary …
Alibaba Group Holding Ltd. reported a 75% drop in quarterly profit for the April-to-June quarter as it increased spending on artificial intelligence infrastructure, with capital expenditure jumping 75…
Alibaba Cloud plans to increase its use of self-developed chips to replace Western commercial chips, aiming to shorten the payback period for AI hardware to 2.5 years, according to CFO Toby Xu and CEO…
Alibaba Group Holding Ltd. (NYSE: BABA) reports fiscal Q1 2027 earnings on Aug. 20 before market open, with shares trading at a trailing P/E of 19 and a forward P/E of 20, a PEG of 0.517, and analyst …