E-commerce & cloud

Alibaba Group

A Chinese e-commerce and cloud computing company operating some of the country's largest online retail marketplaces.

Ticker: BABANYSE-listedChina
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Alibaba Group stock chart

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What is Alibaba?

Alibaba Group operates online and mobile marketplaces for retail and wholesale trade in China, alongside Alibaba Cloud, a cloud computing business, and additional segments spanning digital media, entertainment and logistics.

Why investors watch Alibaba

As one of the largest e-commerce and cloud computing companies in China, Alibaba offers exposure to Chinese consumer spending and the country's growing cloud infrastructure market. Investors also watch how it balances its established commerce business with newer growth areas.

Risks and considerations specific to Chinese ADRs

Alibaba shares trading in the US are American depositary receipts, and in some cases exposure to Chinese operating companies is structured through variable interest entity (VIE) arrangements rather than direct equity ownership, a structural risk worth understanding before investing. Chinese technology companies have also faced periods of significant domestic regulatory scrutiny, and past disputes over US audit access to Chinese companies have raised delisting-related questions for US-listed Chinese ADRs generally.

Long-term investing considerations

Investing in a China-based ADR involves regulatory, structural and geopolitical considerations that do not typically apply to US-domiciled companies. Weigh these alongside ordinary business risks when testing long-term scenarios.

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Fundamentals

Key financials

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