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    Alibaba Q4 Results: Cloud and AI Revenue Growth Accelerates Amid AI Boom; Overall Revenue Hits 243 Billion Yuan

    3 weeks ago

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    Alibaba recorded an overall of 848 million yuan ($125 million) loss from operations for the quarter, a key measure of profitability of its core operating businesses, which was down sharply from a 28.5 billion yuan gain the same period last year. Growing technological investment was one of the main reasons for rising expenses that weighed on profitability.
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