Thursday, February 23, 2023

Alibaba reports Q3 revenue up 2% YoY to ~$35.9B, China commerce revenue down 1% YoY to ~$24.6B, and net income up 69% YoY to ~$6.8B; BABA jumps 6%+ (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC:
Alibaba reports Q3 revenue up 2% YoY to ~$35.9B, China commerce revenue down 1% YoY to ~$24.6B, and net income up 69% YoY to ~$6.8B; BABA jumps 6%+  —  - Alibaba reported earnings for its fiscal third quarter that smashed expectations, sending shares soaring 6% higher.



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YouTube launches a Premium paywall for song lyrics on YouTube Music, after testing it in recent months; users get five free lyrics before they have to subscribe (Abner Li/9to5Google)

Abner Li / 9to5Google : YouTube launches a Premium paywall for song lyrics on YouTube Music, after testing it in recent months; users get...