1、1 Alibaba Group Announces June Quarter 2025 Results Hangzhou,China,August 29,2025-Alibaba Group Holding Limited(NYSE:BABA and HKEX:9988(HKD Counter)and 89988(RMB Counter),“Alibaba”or“Alibaba Group”)today announced its financial results for the quarter ended June 30,2025.“This quarter,our strategic f
2、ocus on consumption and AI+Cloud delivered strong growth.Our decisive investment in the quick commerce business achieved key milestones as we won consumer mindshare.We generated substantial synergies from combining resources of our consumer platforms which resulted in new highs in monthly active con
3、sumers and daily order volume.Driven by robust AI demand,Cloud Intelligence Group experienced accelerated revenue growth,and AI-related product revenue is now a significant portion of revenue from external customers.Looking ahead,we remain committed to investing in our two strategic pillars of consu
4、mption and AI+Cloud to capture historic opportunities and drive long-term growth,”said Eddie Wu,Chief Executive Officer of Alibaba Group.“Our core businesses delivered strong revenue growth.Customer management revenue grew 10%and revenue from Cloud Intelligence Group grew 26%,with AI-related product
5、 revenue achieving triple-digit growth for the eighth consecutive quarter.The strength of our core businesses gives us confidence and resources to make significant investments in quick commerce and AI initiatives.We also executed well against our commitment to improve operating efficiency,as AIDC si
6、gnificantly narrowed its loss to approach breakeven this quarter.”said Toby Xu,Chief Financial Officer of Alibaba Group.BUSINESS HIGHLIGHTS In the quarter ended June 30,2025:Revenue was RMB247,652 million(US$34,571 million),an increase of 2%year-over-year.Excluding revenue from the disposed business