Alibaba Group disclosed in a filing on December 4, 2025, that it realized a gain of 6 billion yuan (approximately HK$6.65 billion) from the sale of its equity in Trendyol GO. The gain stems from an agreement made in May to sell an 85 percent interest in the Turkish local services subsidiary for US$700 million. The financial gain was officially logged under interest and investment income in the unaudited statements for the six months ending September 30. The filing also revealed that Alibaba received a dividend of 3.29 billion yuan from Ant Group during that same six-month period. There was no specific market reaction analysis available regarding this filing.
Alibaba Discloses 6 Billion Yuan Gain From Divestment of Trendyol GO Stake
BABA
Related News
BABA
Alibaba trades slightly higher amid broader market rally and Supreme Court tariff ruling
BABA
Alibaba Shares Tumble on Pentagon List Confusion and AI Margin Concerns
BABA
Alibaba Faces Rare Downgrade Ahead of Q3 Results as AI Costs Pressure Margins
BABA
Alibaba Shares Steady Pre-Earnings as Qwen3.5 AI Launch Boosts Retail Optimism
BABA