AI IntelligenceAug 21, 2026Secondary Market
Article
BABA
Alibaba reported revenue of RMB268.95 billion for the quarter ended June 30, up 9% year on year, while net income fell 76% to RMB10.54 billion, as AI spending lifted capex 75% to RMB67.68 billion.
Data Cube AI EditorialSource: technode.com
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Source Brief
Alibaba reported revenue of RMB268.95 billion for the quarter ended June 30, up 9% year on year, while net income fell 76% to RMB10.54 billion, as AI spending lifted capex 75% to RMB67.68 billion.
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