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Australian News

Alibaba's quarterly profit drops 75 per cent

PerthNow · 21 August 2026 at 5:01 am

Alibaba's quarterly profit drops 75 per cent

Spending on artificial intelligence infrastructure has resulted in Alibaba registering a 75 per cent drop in profit for the latest quarter from the year before.

Read the full article on PerthNow ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.perthnow.com.au — the content belongs to PerthNow.

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