Alibaba's core profit plunges 84% as CEO says return on AI investments are 'extremely clear'

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

May 13, 2026 - 18:56
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Alibaba's core profit plunges 84% as CEO says return on AI investments are 'extremely clear'
Alibaba on Wednesday said its core profitability plunged in the March quarter amid heavy investments in tech and e-commerce.

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