Alibaba reports Q3 revenue up 2% YoY ~$41.3B, vs. ~$42B est., and net income down 67% YoY to ~$2.4B, as it seeks to monetize AI to help offset e-commerce losses news bloomberg.com

Bloomberg: Alibaba reports Q3 revenue up 2% YoY ~$41.3B, vs. ~$42B est., and net income down 67% YoY to ~$2.4B, as it seeks to monetize AI to help offset e-commerce losses  —  Alibaba Group Holding Ltd. declared a target of reaching $100 billion of cloud and AI-related business revenue in five years …