Alibaba Group Holding Ltd Reveals Decline In Q3 Bottom Line

Thursday, March 19, 2026

AI Briefing

Alibaba Group Holding Ltd. reported a decline in its Q3 bottom line, with a profit of RMB16.322 billion, or RMB5.93 per share.
The decline marks a reversal from the same period last year, when the company reported a profit of RMB17.033 billion, or RMB5.93 per share.
The company's revenue for the third quarter fell short of market expectations, with analysts expecting a profit of RMB17.53 billion, or RMB5.92 per share.