Alibaba sees most profitable year since 2021 amid a refocus on e-commerce, AI businesses and rising competition at homeAlibaba Group Holding reported its most profitable financial year since 2021, as revenue beat analysts’ forecasts, signalling that one of China’s largest technology companies is back on a growth path as it refocuses on core business units amid tougher competition at home.The e-commerce giant grew net income 10 per cent to 79.7 billion yuan (US$11 billion) in the year through March, beating the 72.5 billion yuan in profit from the previous year despite a decline in the final quarter.Revenue for the year...