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Alibaba Group Holding Limited (NYSE: BABA), a leading global e-commerce and cloud computing company, announced its financial results for the quarter ended December 31, 2023, on February 7, 2024. The company reported a revenue increase of 5% year-over-year to RMB260,348 million (US$36,669 million). However, income from operations saw a significant decrease of 36% year-over-year, primarily due to impairments of intangible assets and goodwill related to Sun Art and Youku. Despite a decrease in net income by 77% year-over-year to RMB10,717 million (US$1,509 million), Alibaba's adjusted EBITA, a non-GAAP measurement, increased by 2% year-over-year. The company's CEO, Eddie Wu, emphasized the focus on reigniting growth in core businesses, e-commerce, and cloud computing, with increased investment in user experience...Show More
Alibaba Group Holding Limited (NYSE: BABA), a leading global e-commerce and cloud computing company, announced its financial results for the quarter ended December 31, 2023, on February 7, 2024. The company reported a revenue increase of 5% year-over-year to RMB260,348 million (US$36,669 million). However, income from operations saw a significant decrease of 36% year-over-year, primarily due to impairments of intangible assets and goodwill related to Sun Art and Youku. Despite a decrease in net income by 77% year-over-year to RMB10,717 million (US$1,509 million), Alibaba's adjusted EBITA, a non-GAAP measurement, increased by 2% year-over-year. The company's CEO, Eddie Wu, emphasized the focus on reigniting growth in core businesses, e-commerce, and cloud computing, with increased investment in user experience and technological innovation. CFO Toby Xu highlighted the company's healthy quarter and increased investment in strategic priorities, along with an approved increase of US$25 billion to the share repurchase program. Alibaba's various business segments, including Taobao and Tmall Group, Cloud Intelligence Group, Alibaba International Digital Commerce Group, Cainiao Smart Logistics Network Limited, and Local Services Group, all reported year-over-year revenue growth. The company also made significant progress in its ESG initiatives, becoming the national leader for green electricity procurement in China.
全球领先的电子商务和云计算公司阿里巴巴集团控股有限公司（纽约证券交易所代码：BABA）于2024年2月7日公布了截至2023年12月31日的季度财务业绩。该公司报告收入同比增长5％，达到人民币2603.48亿元（合366.69亿美元）。但是，运营收入同比大幅下降36％，这主要是由于与Sun Art和优酷相关的无形资产和商誉减值。尽管净收入同比下降77％，至人民币107.17亿元（合15.09亿美元），但阿里巴巴调整后的息税折旧摊销前利润（非公认会计准则衡量标准）同比增长了2％。该公司首席执行官埃迪·吴强调将重点放在重振核心业务、电子商务和云计算的增长上，增加对用户体验和技术创新的投资。首席财务...展开全部
全球领先的电子商务和云计算公司阿里巴巴集团控股有限公司（纽约证券交易所代码：BABA）于2024年2月7日公布了截至2023年12月31日的季度财务业绩。该公司报告收入同比增长5％，达到人民币2603.48亿元（合366.69亿美元）。但是，运营收入同比大幅下降36％，这主要是由于与Sun Art和优酷相关的无形资产和商誉减值。尽管净收入同比下降77％，至人民币107.17亿元（合15.09亿美元），但阿里巴巴调整后的息税折旧摊销前利润（非公认会计准则衡量标准）同比增长了2％。该公司首席执行官埃迪·吴强调将重点放在重振核心业务、电子商务和云计算的增长上，增加对用户体验和技术创新的投资。首席财务官Toby Xu强调了公司的健康季度以及对战略优先事项的投资增加，并批准将股票回购计划增加250亿美元。阿里巴巴的各个业务板块，包括淘宝和天猫集团、云情集团、阿里巴巴国际数字商务集团、菜鸟智能物流网络有限公司和本地服务集团，均报告了收入同比增长。该公司在ESG计划方面也取得了重大进展，成为中国绿色电力采购的全国领导者。
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