Alibaba shares pop 11% in premarket after cloud unit, e-commerce growth push up quarterly profit

The Chinese titan posted a sharp profit hike in the December quarter amid ongoing strength in its Cloud Intelligence unit and growth in its e-commerce segment.

Feb 20, 2025 - 07:00
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Alibaba shares pop 11% in premarket after cloud unit, e-commerce growth push up quarterly profit
The Chinese titan posted a sharp profit hike in the December quarter amid ongoing strength in its Cloud Intelligence unit and growth in its e-commerce segment.

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