For Q4 FY2024, Alibaba reported revenues of $30.7B [RMB 221.87B vs. est. RMB 219.80B, a beat of ~1%], driven by strong top-line momentum in Alibaba International Digital Commerce [AIDC] Group (+45% ...
Chinese e-commerce and cloud giant Alibaba stock surged nearly 8% in Thursday’s trading after the company delivered better-than-expected Q3 results (fiscal year ends in March), propelled by robust ...