Alibaba Group Holding Ltd, founded in 1999 and headquartered in Hangzhou, China, is a multinational conglomerate specializing in e-commerce, retail, and technology. The company aims to facilitate online sales through its various platforms, including Alibaba.com, Taobao, and Tmall, while also expanding into cloud computing and digital entertainment services.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Alibaba began issuing bonds in 2014, with a notable $8 billion issuance that year marking its entry into the bond market post-IPO. The company’s bonds have seen varying yields over time, with recent reports indicating yields around 2.5%, which are competitive within the tech sector. In 2020, Alibaba issued a significant $5 billion bond series to support business expansion while enhancing its liquidity, reflecting investor confidence even amid global market fluctuations.