From Financial Modeling Prep: 2025-05-15 20:46:00

Alibaba’s cloud business experienced strong growth in Q4, with revenue up 18% to 30.13 billion yuan, driven by demand for AI services. However, strategic shifts in its logistics arm led to a 12% drop in Cainiao revenue, impacting total revenue which rose 7% to 236.45 billion yuan. Shares closed over 7% lower post-results.



Read more at Financial Modeling Prep:: Alibaba Cloud Powers Earnings Beat, But Logistics …