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Alibaba's core profit plunges 84% even as AI and cloud growth accelerate

  • Posted on May 13, 2026
  • By CNBC
  • 0 Views
  • 1 min read
Alibaba's core profit plunges 84% even as AI and cloud growth accelerate
Alibaba's core profit plunges 84% even as AI and cloud growth accelerate

Alibaba on Wednesday said its core profitability plunged in the March quarter amid heavy investments in tech and e-commerce.
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CNBC

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