BABA: Global Cloud Expansion Gathers Steam — But a $433M Legal Tab Still Awaits Resolution
Court: S.D. New York
Case: 1:20-cv-09568
Alibaba BABA continues to scale its global cloud infrastructure, with Alibaba Cloud International ramping up operations in Mexico, Thailand, South Korea, and Malaysia, aiming to serve a growing global demand for AI-integrated cloud solutions.
According to President Selina Yuan, Alibaba Cloud now spans 89 availability zones across 29 regions, serving clients like BMW, SAP, and the International Olympic Committee. Over 200 AI and cloud products have already launched overseas, while Alibaba’s open-source LLM Qwen supports 119 languages and has 140,000+ derivative models.
🌎 Cloud Globalization Highlights- New AI partnerships in the UK, including Haleon’s AI nutrition assistant.
- 60–80% of staff in overseas markets are locally hired, boosting regional relevance.
- Investment focus: infrastructure, localized AI services, and university collaboration in 120 institutions.
Alibaba views its global cloud strategy as a long-term evolution, not a temporary capital deployment. But while it invests in the future, it’s still settling issues from its regulatory past.
⚖️ $433.5M Investor Settlement Still ActiveAlibaba is currently resolving a $433.5 million settlement with shareholders over its failure to disclose regulatory risks that led to the suspension of Ant Group’s $30B IPO in 2020.
📆 Key Timeline- Nov 2–3, 2020: Ant executives summoned; IPO halted.
- Dec 24, 2020:
BABA drops 13% in a single day.
- Apr 2022: Investors sue Alibaba.
- Eligible if you held
BABA from 2019-2020.
- Late claims are still being accepted, pending court approval.
- Payouts typically arrive 8–12 months after approval.
👉 You can check more information about it and file for a payout HERE.
With global ambitions fueled by AI and cloud demand, BABA is looking outward — but past regulatory risks still cast a long shadow.