Alibaba Investor Relations News and Investment Opportunities

Alibaba has a dedicated investor relations team that provides regular updates on the company's financial performance and business strategy.

Alibaba's investor relations team is led by Maggie Wu, who has been instrumental in communicating the company's growth story to investors.

Alibaba's stock has been listed on the New York Stock Exchange (NYSE) since 2014, under the ticker symbol BABA.

Alibaba's investor relations website is a valuable resource for investors, providing access to financial reports, presentations, and other relevant information.

Alibaba's corporate governance structure is designed to ensure transparency and accountability.

The company has a dual-share structure, with a separate class of shares held by the Alibaba Partnership, which includes 38 partners who have a significant stake in the company.

Alibaba's board of directors has 10 members, including independent directors who are not affiliated with the Alibaba Partnership.

The company's audit committee is responsible for overseeing the financial reporting process, and is composed of four independent directors.

Alibaba's corporate governance practices are guided by the company's governance principles, which emphasize transparency, accountability, and fairness.

Alibaba has invested in Qutoutiao Inc., a leading mobile content platform company in China, advancing approximately US$171 million in aggregate principal amount of convertible loan.

Qutoutiao will issue new shares to Alibaba, representing approximately 4.0% of the Company’s share capital, upon full conversion of the Convertible Loan.

The Convertible Loan will be convertible into Class A ordinary shares of Qutoutiao at Alibaba’s option at a conversion price of US$60 per share, equivalent to US$15 per ADS.

Alibaba Group has filed a shelf registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed offering of senior notes.

The proposed offering is expected to be conducted through a private placement with institutional investors.

Alibaba Group will use the proceeds from the offering to finance its general corporate purposes.

The proposed offering is subject to market and other conditions.

Qutoutiao Inc., a leading mobile content platform company in China, has just announced a significant investment from Alibaba Investment Limited, an affiliate of Alibaba Group.

Alibaba will be advancing approximately US$171 million in aggregate principal amount of convertible loan to Qutoutiao.

This investment will give Alibaba the option to convert the loan into Class A ordinary shares of Qutoutiao at a conversion price of US$60 per share, equivalent to US$15 per ADS.

Upon full conversion, Qutoutiao will issue new shares to Alibaba, representing approximately 4.0% of the Company's share capital as of the date hereof.

The Convertible Loan will mature in three years, unless previously repaid or converted in accordance with their terms prior to such date.

The interest rate on the Convertible Loan is 3% per annum, which will be waived in case of conversion or payable at maturity.

Qutoutiao operates innovative mobile content platforms in China, with a mission to bring fun and value to its users.