International Companies

Alibaba posts modest revenue growth, fall in profits

By Josh White

Date: Thursday 19 Mar 2026

(Sharecast News) - Alibaba Group reported modest revenue growth but a sharp drop in profits for its December quarter on Thursday, as heavy investment in artificial intelligence and intensifying competition in its core e-commerce business weighed on earnings while underpinning its long-term strategy.
The Chinese technology giant posted revenue of CNY...

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