U.S.-listed shares of China's e-commerce company Alibaba BABA.N fall 3.8% to $129.39 premarket
BABA reports a 1.7% rise in revenue for the quarter ended December 31, but missed Wall Street estimates
Company's revenue of 284.84 billion yuan ($41.28 billion) missed estimates of 290.69 billion yuan, according to LSEG-compiled data
As of last close, stock down ~8% this year
($1 = 6.8998 Chinese yuan renminbi)