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Alibaba reports Q4 revenue up 6.6% YoY to ~$30.7B, above $30.4B est., a ~$452M net income, down 86% YoY from ~$3.2B in Q4 2023, and announces a $4B dividend (Bloomberg) 14-05-2024

Bloomberg:
Alibaba reports Q4 revenue up 6.6% YoY to ~$30.7B, above $30.4B est., a ~$452M net income, down 86% YoY from ~$3.2B in Q4 2023, and announces a $4B dividend  —  – Shares slide as core business manage just single-digit growth  — Alibaba is in the middle of a longer-term turnaround effort


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