(Bloomberg) -- Alibaba Group Holding Ltd. is seeking to raise $4.5 billion from a convertible bond sale, following a $1.75 billion offering by rival Chinese online retailer JD.com Inc. this week.Most Read from BloombergNvidia Stock Surges as Sales Forecast Delivers on AI HopesHarvard Denies Degrees to 13 Protesters, Defies Faculty VoteThese Flight Routes Suffer the World’s Worst TurbulenceCiti Trader Got 711 Warning Messages Before Sparking Flash CrashUS Justice Department to Seek Breakup of Liv
HANGZHOU, China, May 23, 2024--Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter)) today announced that it filed its annual report on Form 20-F for the fiscal year ended March 31, 2024. The annual report can be accessed under the SEC Filing section on the Company’s investor relations website at https://www.alibabagroup.com/en/ir/secfilings.
HANGZHOU, China, May 23, 2024--Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), "Alibaba," "Alibaba Group" or the "Company") today announced a proposed offering (the "Notes Offering"), subject to market and other conditions, of US$4,500 million aggregate principal amount of Convertible Senior Notes due 2031 (the "Notes") in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securiti