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  • October 7, 2026
  • Last Update July 17, 2026 9:28 pm
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Alibaba reports 8% revenue growth in 4Q24, commits to AI and cloud investments

Alibaba reports 8% revenue growth in 4Q24, commits to AI and cloud investments

Alibaba Group’s financial report for the fourth quarter of 2024 reveals an 8% year-over-year revenue increase, driven by the year-end shopping season. The revenue totaled CNY280.2 billion (US$38.6 billion), registering the fastest growth rate in over a year. This reflects strong performance in its core e-commerce and cloud computing sectors.

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