22/09/2025 08:15 am MYT
This week, i Capital updates Alibaba Group Holding Limited (Alibaba). To recap, Alibaba is China's largest e-commerce platform company, founded by Ma Yun in Hangzhou in 1999. The Company is dual-listed on NASDAQ and the Stock Exchange of Hong Kong. As of Jun 30 2025, the Company had 123,711 full-time employees serving customers around the globe. Starting 1QFY26, Alibaba simplified its financial reporting structure by reclassifying Cainiao (菜鸟), Amap (高德地图), and Digital Media and Entertainment Group as "All others", and combined Taobao and Tmall Group, Ele'me (饿了么), and Fliggy (飞猪), previously "Local Services Group", into a category named "Alibaba China E-commerce Group". Post-reclassification, the Company reports under 4 business groups: 1) China E-commerce Group; 2) Alibaba International Digital Commerce Group (AIDC); 3) Cloud Intelligence Group (CIG); and 4) All others.
Note from Publisher
Traditionally, celebrating one’s 21st birthday carries with it special meaning as it signifies the reaching of adulthood and the independence that comes along with it. In some countries, it marks the gaining of significant rights, such as the legal ability to vote or consume alcohol. Although today, turning 21 is less significant than it used to be, as many countries now set the legal age of adulthood at 18, the 21st birthday remains a culturally important milestone.
icapital.biz Bhd (ICAP) is celebrating its 21st birthday this year. Being its “parent”, Capital Dynamics is extremely proud of ICAP’s achievement, given the many difficulties it has to overcome while growing up. At its 21st annual general meeting (AGM) on 4 Oct, there will be a special celebration to mark the occasion. If you are a share owner, please make a point to attend the AGM. If you are not a share owner yet, buy ICAP shares on or before 22 Sep for entitlement to attend the AGM. Come join us on this happy occasion. Share owners and proxy holders attending in person will get a special 21st anniversary gift.
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