Alibaba (BABA) Tops Q4 EPS, Revenue

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Alibaba Group Announces December Quarter 2022 Results

February 23, 2023 6:36 AM EST

HANGZHOU, China--(BUSINESS WIRE)-- Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, Alibaba or Alibaba Group) today announced its financial results for the quarter ended December 31, 2022.

We delivered a solid quarter despite softer demand, supply chain and logistics disruptions due to impact of changes in COVID-19 measures, said Daniel Zhang, Chairman and Chief Executive Officer of Alibaba Group. Looking ahead, we expect continued recovery in consumer sentiment and economic activity. We are focused on driving growth for our customers amid the competitive landscape, and creating sustainable, long-term value for our shareholders.

During the past quarter, we continued to improve operating... More