Alibaba Group reported fourth-quarter earnings per share of ¥12.49.
This figure missed the analyst consensus estimate of ¥12.51.
Quarterly revenue reached ¥290.15 billion.
The revenue fell short of the ¥291.16 billion consensus estimate.
Alibaba's stock declined by more than 12% during the three months preceding the report.
The results arrive as the company navigates a competitive landscape and evolving consumer behavior.