BABA Stock Price and Chart — BCBA:BABA

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Alibaba plans to invest 15% of its revenue in AI and cloud infrastructure over the next three years. CEO Eddie Wu aims to position the company as a top global AI service provider.

Alibaba is rebranding its mobile AI app to Qwen, adding new tools for Taobao. The app will launch on iOS and Android, with a global version planned.

HSBC analysts are cautious about Alibaba's growth in Q4 and 2026, noting challenges in year-on-year gross merchandise value growth, but maintain a buy rating with a $205 target price.

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About Alibaba Group Holdings Ltd.

Alibaba Group Holding Ltd engages in providing online and mobile marketplaces in retail and wholesale trade. It operates through the following business segments: Core Commerce; Cloud Computing; Digital Media & Entertainment; and Innovation Initiatives and Others. The Core Commerce segment comprises of platforms operating in retail and wholesale. The Cloud Computing segment consists of Alibaba Cloud, which offers elastic computing, database, storage and content delivery network, large scale computing, security, management and application, big data analytics, a machine learning platform, and other services provide for enterprises of different sizes across various industries. The Digital Media & Entertainment segment relates to the Youko Tudou and UC Browser business. The Innovation Initiatives and Others segment includes businesses such as AutoNavi, DingTalk, Tmall Genie, and others. The company was founded by Chung Tsai and Yun Ma on June 28, 1999 and is headquartered in Hangzhou, China.

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