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

May 13, 2026 - 08:20
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Finance: Alibaba reports an 84% decline in core profit despite growth in its AI and cloud sectors.
📉 Alibaba reported a significant drop in core profitability for the March quarter, driven by substantial investments in technology and e-commerce. The company continues to focus on growth despite the financial dip. #Alibaba #Ecommerce #TechInvestments

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