Alibaba Reports Q4 Revenue Below Estimates
Alibaba reported Q4 revenue of approximately $35.8 billion, a 3% year-over-year increase but below the estimated $36.3 billion. Net income rose about 100% to $3.7 billion, partly due to investments as the company aims to monetize its AI capabilities.
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Sources · 7 independent
Vividh Bharati
“Alibaba reports Q4 revenue below estimates”
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