On December 4, Alibaba disclosed in its 2026 financial year interim report that in May 2025, the company entered into a sales agreement to sell 85% of Trendyol GO's shares. The sale had a cash consideration of approximately US$700 million and was completed during the six-month period ending September 30, 2025. The announcement revealed that the proceeds from the sale were approximately RMB 6 billion, including interest income and net investment income on the unaudited consolidated income statement for the six months ended September 30, 2025.

Zhitongcaijing · 1d ago
On December 4, Alibaba disclosed in its 2026 financial year interim report that in May 2025, the company entered into a sales agreement to sell 85% of Trendyol GO's shares. The sale had a cash consideration of approximately US$700 million and was completed during the six-month period ending September 30, 2025. The announcement revealed that the proceeds from the sale were approximately RMB 6 billion, including interest income and net investment income on the unaudited consolidated income statement for the six months ended September 30, 2025.