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Alibaba reports 8% revenue growth in 4Q24, commits to AI and cloud investments

Chia-Han Lee, Taipei; Jingyue Hsiao, DIGITIMES Asia Friday 21 February 2025 0

Credit: AFP

Alibaba Group's financial report for the fourth quarter of 2024 reveals an 8% year-over-year revenue increase, driven by the year-end shopping season. The revenue totaled CNY280.2 billion (US$38.6 billion), registering the fastest growth rate in over...

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