Recent Earnings
In early August, Alibaba reported fiscal first-quarter revenue of $30.7 billion, down nearly 4% from the year-ago quarter but slightly above the consensus of around $30 billion. Adjusted profit of $1.75 a share was also above the $1.58 consensus.
Alibaba's China commerce segment fell 1% to $21.19 billion. Alibaba's cloud segment did revenue of $1.59 billion, up 10% year over year.$Alibaba(09988)$
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