Alibaba (BABA) has released an update.
Alibaba Group Holding Limited has amended and restated its Memorandum and Articles of Association following a Special Resolution on August 22, 2024. The company, established in the Cayman Islands and limited by shares, has unrestricted business objectives and full authority to operate, reinforcing its corporate structure and legality. These changes come as Alibaba continues to adapt its governance and corporate framework to support its expansive global operations.
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