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Alibaba Group raises HK$80 billion through the placement of 710 million new shares. The equity placement is set to close on August 26, 2026.
PUBLIC · BABAAug 23, 2026•about 3 hours ago
Amount Raised
$80 Billion
Round Type
Venture - Series Unknown
HangzhouE CommerceSoftware Development
Description
Alibaba Group Holding Limited announced the pricing of HK$80 billion for the placement of 710 million new ordinary shares. The shares will be issued to non-U.S. persons outside the United States at a price of HK$112.70 each. This funding round will support the company's ongoing growth and operations
Company Information
Company
Alibaba
Location
Hangzhou, Zhejiang, China
About
Alibaba Group’s mission is to make it easy to do business anywhere. The company aims to build the future infrastructure of commerce. It envisions its customers will meet, work and live at Alibaba and that it will be a good company lasting for 102 years.
We pledged to reach carbon neutrality by 2030. By working with merchants and consumers, the company expects to slash carbon emissions by 1.5 gigatons across its digital ecosystem by 2035.
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HangzhouE CommerceSoftware Development