Alibaba reported quarterly revenue up 9% year over year, driven by stronger demand for AI services that lifted cloud growth and an extended “618” shopping festival supporting core e-commerce. The update suggests improving momentum across cloud and retail, though the article doesn’t cite guidance changes or profitability metrics.
Alibaba reported quarterly revenue up 9% year over year, driven by stronger demand for AI services that lifted cloud growth and an extended “618” shopping festival supporting core e-commerce. The update suggests improving momentum across cloud and retail, though the article doesn’t cite guidance changes or profitability metrics.
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mildly positive
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