Alibaba Group Holding Limited (BABA)

The company now

Reuters reported on 27 October that a US federal judge granted Alibaba a preliminary injunction that halts enforcement of the defence department's blacklist 11. The order bars the government from denying Pentagon contracts to companies because they do business with firms that engage in lobbying activities 11. Alibaba sued in June over its placement on a list of businesses the defence department linked to China's military 11.

On 13 October Alibaba unveiled its Qwen Glasses N1 smart glasses from 2,999 yuan, with a Pro edition at 3,499 yuan, which The Standard called a rare foray into consumer electronics hardware 12.

Alibaba reported June quarter 2026 revenue of RMB268,953 million on 20 August, up 9 percent from a year earlier 1. Income from operations fell 57 percent to RMB15,161 million, which the company tied to lower adjusted EBITA (its own measure of operating profit), a goodwill impairment and a provision 1.

AI Cloud and Compute Services revenue rose 45 percent to RMB48,437 million, and AI-related product revenue grew at triple-digit rates for the twelfth straight quarter 1. The cost showed up in spending: capital expenditures were RMB67,678 million, up 75 percent, and free cash flow was an outflow of RMB44,670 million 1.

On 26 August the company completed a HK$80 billion placing of 710,000,000 new shares to investors outside the United States 3. It said it intends to use 100 percent of the net proceeds for full stack AI capabilities, including AI infrastructure 4.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.