{"id":135472,"date":"2025-08-29T10:55:11","date_gmt":"2025-08-29T10:55:11","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=135472"},"modified":"2025-08-29T10:55:11","modified_gmt":"2025-08-29T10:55:11","slug":"alibabas-quarterly-profit-surges-78-on-equity-investments-disposals-2","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=135472","title":{"rendered":"Alibaba\u2019s quarterly profit surges 78% on equity investments, disposals"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostAlibaba Group Holding, China\u2019s e-commerce and cloud computing services giant, on Friday reported a 78 per cent surge in profit for the June quarter, while \u201crobust AI demand\u201d led to 26 per cent revenue growth for its cloud business.<br \/>\nNet income attributable to ordinary shareholders advanced 78 per cent to 43.1 billion yuan (US$6 billion) in the period, up from 24.3 billion yuan a year earlier, primarily due to \u201cmark-to-market changes from our equity investments and gains from the disposal of the&#8230;<a href=\"https:\/\/www.scmp.com\/tech\/big-tech\/article\/3323679\/alibabas-quarterly-profit-surges-78-equity-investments-disposals?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostAlibaba Group Holding, China\u2019s e-commerce and cloud computing services giant, on Friday reported a 78 per cent surge in profit for the June quarter,&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/135472"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=135472"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/135472\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=135472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=135472"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=135472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}