Revenue exceeds expectations at Chinese ecommerce giant Alibaba The conglomerate has posted a 7% uptick in fourth-quarter revenue, driven by high demand for low-cost products. Sales at Alibaba's international division grew by 45%. Read more.

Credit-checking platform Experian reports better-than-expected results The platform has posted 6% revenue growth and a 34% spike in operating profit to $1.69bn in the year to the end of March 2024. Read more.

Operating profit up 5% at Sony The electronics business has said it expects a 5% uptick in profit to 1.28 trillion yen ($8.2bn) in this financial year, boosted by demand for its image sensors and strong performance in its gaming unit. Read more.

Delivery Hero to sell foodpanda business in Taiwan to Uber Uber is pursuing a $1.25bn takeover deal of Delivery Hero's Taiwan-based foodpanda business. In the past few months, Delivery Hero has been trying to divest some of its Asia assets to boost profitability. Read more.

Operating profit down at Vodafone For the 12 months to the end of March, operating profit fell 74% to €3.4bn at the telecoms giant, impacted by a strong comparative period when the group’s profits were boosted by disposals including its Vantage Towers business. Revenue was down 2.5%. Read more.

Amazon to invest $1.3bn in France Amazon has announced plans to make a $1.3bn in its French operations, and create 3,000 jobs. The investment will focus on boosting generative AI and logistics capabilities. Read more.