Alibaba quarterly revenue rises 3%, missing estimates

ReutersMay 13, 2026 9:32 AM

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May 13 (Reuters) - China's Alibaba 9988.HK, BABA.N said on Wednesday that fourth-quarter revenue climbed 3%, helped by robust growth for its cloud computing and AI divisions, while its e-commerce unit also benefited from a new round of government subsidies.

Revenue came in at 243.38 billion yuan ($35.84 billion) for the quarter ended March 31, missing an LSEG consensus estimate from 20 analysts of 247.22 billion yuan.

($1 = 6.7904 Chinese yuan renminbi)

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