Alibaba Group Holding Limited
- Alibaba Group Holding Ltd. surged 6.6% to $134.05 after the Chinese e-commerce company reported an 8% revenue growth for the fiscal third quarter ended in December.
Revenue increased to 280.15 billion yuan from 260.35 billion yuan, net income jumped to 48.94 billion yuan from 14.43 billion yuan, and earnings per diluted share rose to 2.55 yuan from 71 cents a year ago.
The company repurchased 119 million ordinary shares, equivalent to 15 million ADSs, for a total of $1.3 billion during the quarter.
Alibaba’s cloud intelligence segment marked a 13% growth to 31.74 billion yuan from 28.07 billion yuan a year ago.
The company announced its partnership with Apple Inc. to roll out artificial intelligence features for iPhones sold in the Chinese language.
Feb 20, 2025 - Alibaba Group declined 5% to $80.39 after the China-based online e-commerce platform operator reported higher-than-expected revenue and said net income plunged 86%, reflecting the investment in publicly listed companies.
For the full-year 2023, revenue rose 8% to 941.2 billion yuan or $130.7 billion and net income advanced 10% to 79.7 billion yuan or $11 billion.
The company's board also approved the plan to payout $4 billion in dividends to shareholders.
May 14, 2024 - Alibaba Group decreased 0.4% to $77.90 after the China-based e-commerce platform operator reported sharply lower quarterly earnings.
Revenue in the December quarter slowed to 5% to 260.35 billion yuan, or $36.67 billion, and net income plunged 77% to 10.7 billion yuan, or $1.5 billion, from a year ago, respectively.
The e-commerce giant also expanded its stock repurchase program by $25 billion to $35.3 billion through March 2027.
Feb 7, 2024 - Alibaba Group Holding gained 2.2% to $75.63 after company insiders acquired additional stakes in the China-based e-commerce giant.
Chairman Joe Tsai acquired $151 million of its U.S.-listed shares in the last quarter, according to a SEC filing on January 22.
Co-founder Jack Ma acquired $50 million of the company's Hong Kong-listed stock, according to leading stock brokers in Hong Kong.
The news about the insider's purchase was first reported by the New York Times.
Jan 24, 2024
| Year | Jun | Sep | Dec | Mar | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 1.22 | 1.83 | 1.48 | - | - | |
| 2022 | -0.44 | 1.27 | -1.09 | 2.60 | 0.5 | |
| 2021 | -0.07 | 2.54 | 0.31 | 1.18 | 0.45 | |
| 2020 | 0.05 | 2.46 | 1.54 | 4.42 | 1.04 | |
| 2019 | 1.52 | 0.15 | 3.85 | 2.81 | 0.99 | |
| 2018 | 0.65 | 0.5 | 1.11 | 1.84 | 0.62 | |
| 2017 | 0.39 | 0.94 | 1.02 | 1.34 | 3.69 | |
| 2016 | 0.20 | 0.52 | 0.63 | 1.09 | 2.44 | |
| 2015 | 0.20 | 0.34 | 0.38 | 0.73 | 1.65 | |
| 2014 | 0.84 | 0.20 | 0.37 | - | 1.61 | |
| 2013 | - | 0.34 | 0.58 | 0.00 | 0.57 | |
| 2012 | - | - | - | 0.00 | 0.26 | |
| 2011 | - | - | - | 0.00 | 0.07 | |
| 2010 | - | - | - | 0.00 | -0.05 |