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

CNBCMay 13, 2026 at 10:49 AM

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

This is a summary. For the full story, read the original article at CNBC.

Original source: CNBC

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