The Chinese e-commerce giant’s fourth-quarter revenue grew as consumer sentiment held up and the e-commerce giant’s AI efforts continued to bear fruit

Alibabas shares tumbled on Friday after the tech giants quarterly results fell short of expectations, raising concerns about weakening consumer demand in China and underwhelming AI-related growth. In Hong Kong,

The Hangzhou-based company’s adjusted earnings rose 36 per cent year on year to 32.6 billion yuan in the March quarter.