Finance: Alibaba reports an 84% decline in core profit despite growth in AI and cloud services.

May 13, 2026 - 06:40
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Finance: Alibaba reports an 84% decline in core profit despite growth in AI and cloud services.
🚨 Big news from Alibaba! 📉 The company reported a sharp decline in core profitability for the March quarter, driven by substantial investments in technology and e-commerce. What does this mean for the future? Stay tuned! #Alibaba #Ecommerce #Investments

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