Alibaba Group Holding Limited ($BABA) has continued its share repurchase program, buying 52 million American Depositary Receipts (ADRs) in the last quarter, which has reduced its shares outstanding by 2.1%. The company has allocated $22 billion for share buybacks through March 2027. Additionally, Alibaba's international operations are showing strong growth, with the company holding $50 billion in cash, representing 25% of its market capitalization. Executives have expressed optimism about integrating WeChat Pay to attract new users in the U.S. and have identified a clear path toward profitability in its international business. Analysts have noted that the international segment is currently the strongest growth area for the company.