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Alibaba beats estimates as Q4 revenue rose 9% YoY to ~$30.3B, the second straight quarter of single-digit growth, and its net loss reached ~$2.4B (Coco Liu/Bloomberg) – News Opener


Alibaba beats estimates as Q4 revenue rose 9% YoY to ~$30.3B, the second straight quarter of single-digit growth, and its net loss reached ~$2.4B (Coco Liu/Bloomberg) - News Opener Coco Liu / Bloomberg:

Alibaba beats estimates as Q4 revenue rose 9% YoY to ~$30.3B, the second straight quarter of single-digit growth, and its net loss reached ~$2.4B  —  Alibaba Group Holding Ltd. reported a better-than-expected 9% rise in revenue after Chinese consumers turned to online malls for basic needs during Covid lockdowns across the country.



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