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Alibaba Core Profit Plunges 84% Amid Heavy AI Investments

Published Wednesday, May 13, 2026 · Updated May 13

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Coverage is limited to a single center-leaning business perspective, lacking broader Chinese or other international business viewpoints.

Media Analysis

AI synthesis

Alibaba reported an 84% year-on-year plunge in its core profit for the March quarter, with adjusted EBITA falling to 5.1 billion Chinese yuan ($750.9 million). This significant drop is attributed to heavy investments in artificial intelligence.

What We Know — Key Points

  • Alibaba's adjusted EBITA for the March quarter dropped 84% year-on-year to 5.1 billion Chinese yuan ($750.9 million).

What Is Claimed — Perspectives

  • CNBCCenter

    CNBC frames Alibaba's financial performance through the lens of market investments and profitability metrics, highlighting the impact on its stock, specifically noting the core profit plunge amid heavy AI investments.

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  • Key points, perspectives, bias labels, and categorisation may contain errors.
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