Alibaba Group Holding Ltd (BABA)

Alibaba Group Holding Limited is a Cayman Islands holding company, incorporated in 1999, that operates through subsidiaries and variable interest entities. It is listed on the NYSE and the Hong Kong Stock Exchange. Its mission is to make it easy to do business anywhere. Its stated strategic priorities are AI + Cloud and consumption. It provides technology infrastructure and marketing reach that help merchants, brands, retailers and other businesses engage with customers and operate more efficiently, and it offers full-stack AI capabilities to support enterprises' AI transformation.

For fiscal year 2026, the company reports four segments. Alibaba China E-commerce Group combines Taobao and Tmall Group, Taobao Instant Commerce (formerly Ele.me) and Fliggy. It includes Taobao, Tmall, Tmall Global, Tmall Supermarket, quick commerce and on-demand delivery through Fengniao Logistics, and the 1688.com domestic wholesale marketplace. Alibaba International Digital Commerce Group runs retail platforms such as AliExpress, Trendyol and Lazada, and the Alibaba.com international wholesale marketplace. Cloud Intelligence Group offers infrastructure-as-a-service, platform-as-a-service and model-as-a-service. Its AI stack includes T-Head's proprietary chips and GPU, the Qwen foundation model family, the consumer Qwen app and the Wukong enterprise AI agent platform. The All others segment includes Freshippo, Cainiao, Alibaba Health, Hujing Digital Media and Entertainment Group and Amap.

The company serves consumers, merchants, brands, retailers, enterprises, third-party service providers and strategic alliance partners. In China it serves a large consumer base across big cities and less-developed areas, including its highest-spending 88VIP members. It offers branded, imported, factory-direct and farm-sourced goods with delivery options ranging from on-demand to next-day. Internationally, buyers on Alibaba.com come from over 190 countries, Trendyol focuses on Türkiye, and Lazada on Southeast Asia. Cloud customers span many industry verticals worldwide. According to third-party sources cited in the filing, Alibaba is the largest retail commerce business in the world by GMV, the world's fourth-largest and Asia Pacific's largest IaaS provider by revenue, and China's largest public cloud provider.

Principal executive offices of its major businesses are at 960-1 West Wen Yi Road, Yu Hang District, Hangzhou, China, and its registered office is in George Town, Grand Cayman. It funds operations and strategic investments from operating cash flow and debt and equity financing, and it pursues organic growth alongside acquisitions, investments and alliances. It files annual reports on Form 20-F as a foreign private issuer.