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Alibaba Q4 revenue falls short of estimates despite doubling net

Alibaba reports Q4 revenue of $35.8B, up 3% year-on-year but below the $36.3B estimate, while net income doubled to $3.7B aided by investment gains.

May 13 · · primary fetch1 sourceupdated May 13 ·

Bloomberg: Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI — China's twin leaders in artificial intelligence reported revenue that fell short of estimates, disappointing investors who hoped …

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  1. techmeme.comAlibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Bloomberg)primary