Alibaba Releases Q3 Financial Report Of FY2025

On February 20, Alibaba Group released its Q3 financial report for the fiscal year 2025 (quarter ending December 31, 2024). The financial report shows that Alibaba's revenue in this quarter was 280154 billion yuan, up 8% year on year, and its adjusted EBITA was 54.853 billion yuan, up 4% year on year; The net value of * * * was 46.434 billion yuan, up 333% year on year.

In e-commerce sector, Taotian Group's revenue growth accelerated, with quarterly new buyers and orders growing strongly year on year, and customer management revenue increased by 9% to 100.79 billion yuan.

In terms of cloud business, Alibaba Cloud's revenue returned to 13% year-on-year double digit growth in this quarter, reaching 31.742 billion yuan, and AI related product revenue maintained triple digit growth for six consecutive quarters.

For digital business, Alibaba International Digital Business Group's business revenue increased by 32% year-on-year to 37.756 billion yuan, mainly driven by the strong performance of cross-border business.

In terms of rookie business, due to the ongoing business adjustment, that is, e-commerce business undertakes some logistics platform responsibilities, the revenue was 28.241 billion yuan, down 1% year on year.

The local living business benefited from the overall order growth of Goddard and Elemente, as well as the growth of the revenue from marketing services. The revenue increased by 12% year on year to * * * 16.988 billion yuan, and the loss narrowed significantly year on year.

The revenue of Dawen Entertainment business increased by 8% year on year to 5.438 billion yuan, mainly driven by Youku's advertising revenue growth, and the loss continued to narrow year on year.

Wu Yongming, CEO of Alibaba Group, said that facing the future, Alibaba will continue to focus on three business types: * * *, domestic and foreign e-commerce business; Second, the technology business of "AI+cloud computing"; Third, Internet platform products. In the next three years, Alibaba will focus on the strategic core of "AI" and increase investment in AI infrastructure, basic model platform and AI native applications, and AI transformation of existing businesses.