Alibaba Group News - June 2026
🔴 BABA is trading 3% down today on Pentagon blacklist lawsuit and AI misuse reports
BABA is trading 3% down at $96.79 following news of its legal challenge to a U.S. Pentagon military-linked blacklist and fresh reports alleging AI misuse. •...
🔴 BABA is trading 2% down today as Alibaba sues Pentagon over military blacklist, amid geopolitical tensions and tech sector selloff
• Alibaba Group has filed a lawsuit against the U.S. Department of Defense to be removed from its blacklist of companies allegedly linked to the Chinese...
🔴 BABA is trading 2.2% down today as China sanctions US firms after Alibaba was named in tech blacklists
BABA is trading at $102.67 (2.2% down) after China announced sanctions on 10 US defense firms in retaliation for recent US tech blacklists that named the...
Alibaba Bids $1.5B for Pupu, Facing New US Military Blacklist
Alibaba Group Holding Ltd. is bidding approximately $1.5 billion to acquire Chinese grocery delivery firm Pupu. This strategic move aims to expand Alibaba's...
Ant International seeks $1B funding, eyeing potential Hong Kong IPO
Ant International is considering a $1 billion fundraising round. This capital injection could value the division at $10 billion or more. The company has...
Alibaba, CXMT and Others Launch $577M Fund to Boost China's 'Hard Tech' Sector
A coalition of Chinese technology firms, including chipmaker ChangXin Memory Technologies (CXMT) and e-commerce giant Alibaba, has launched a 3.91 billion yuan...
Alibaba and Baidu briefly labeled military-linked by Pentagon, hitting shares
The U.S. Department of Defense briefly added Alibaba, BYD, and Baidu to its list of companies with alleged Chinese military ties. The Pentagon published the...
🟢 Alibaba Group Holding Ltd surges 5.6% on new AI model launch and major UEFA partnership
Alibaba Group Holding Ltd is trading 5.6% up at $132.38 in pre-market, driven by significant new developments in its AI strategy and a major new...