Alibaba Posts First Net Loss Since 2012

Alibaba is prioritizing growth over immediate profit amidst regulatory scrutiny, including a $2.8 billion fine. Despite a net loss, revenue grew by 64% year-over-year. The company plans to reinvest profits into technology and fend off competition. Ant Group, a key affiliate, faces regulatory challenges, impacting its contribution to Alibaba's earnings.

In what areas is Alibaba planning to invest its incremental profits?

What are the potential implications of the regulatory environment on Ant Group's future?