Sources
WSJ Business NewsAlibaba Quarterly Profit Sinks Despite Rise in Sales https://t.co/4Byw5gyaGA
Value InvestigatorAlibaba Q1: • 7% revenue growth (from 5% last q) • 14% EPS growth • 3% cloud revenue growth Bought back shares for $12.5 billion fiscal year 2024 (6.4% of shares outstanding 👀). $BABA
Bloomberg MarketsAlibaba’s revenue rose 6.6% after it focused on gaining market share in the twin businesses of e-commerce and the cloud https://t.co/1zpSSFlm38
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