Alibaba reports Q4 revenue up 2% YoY to ~$30B, ~$3.2B net income, up from a ~$2.6B loss in Q4 2022, and plans to spin off its cloud unit and take others public (Jane Zhang/Bloomberg)

Jane Zhang / Bloomberg:
Alibaba reports Q4 revenue up 2% YoY to ~$30B, ~$3.2B net income, up from a ~$2.6B loss in Q4 2022, and plans to spin off its cloud unit and take others public  —  Alibaba Group Holding Ltd. will begin exploring initial public offerings for its logistics and grocery arms …