Alibaba Group Holding Limited ("the Company") announced on November 20, 2024, the successful pricing of a total of $2,650,000,000 of senior unsecured U.S. dollar notes and a total of RMB 17,000,000,000 of senior unsecured RMB notes. The U.S. dollar notes include three different maturities and interest rates, while the RMB notes also comprise four different maturities and interest rates. The U.S. dollar notes are expected to settle on November 26, 2024, and the RMB notes are expected to settle on November 28, 2024. The Company plans to use the proceeds for general corporate purposes, including repaying overseas debt and share repurchases. The issuance of the notes is limited to qualified institutional buyers and certain non-U.S. persons in the United States, and it has not been registered in the United States or any state. The Company will file a Form 6-K with the U.S. Securities and Exchange Commission regarding the pricing of the notes.

Alibaba Group Holding Limited ("the Company") announced on November 20, 2024, the successful pricing of a total of $2,650,000,000 of senior unsecured U.S. dollar notes and a total of RMB 17,000,000,000 of senior unsecured RMB notes. The U.S. dollar notes include three different maturities and interest rates, while the RMB notes also comprise four different maturities and interest rates. The U.S. dollar notes are expected to settle on November 26, 2024, and the RMB notes are expected to settle on November 28, 2024. The Company plans to use the proceeds for general corporate purposes, including repaying overseas debt and share repurchases. The issuance of the notes is limited to qualified institutional buyers and certain non-U.S. persons in the United States, and it has not been registered in the United States or any state. The Company will file a Form 6-K with the U.S. Securities and Exchange Commission regarding the pricing of the notes.