25 November 2025

Alibaba reports Q2 revenue up 5% YoY to ~$35B, vs. ~$34.5B est., Chinese e-commerce revenue up 16% YoY, and net income down to ~$3B, as it boosts cloud spending (Luz Ding/Bloomberg)

Luz Ding / Bloomberg:
Alibaba reports Q2 revenue up 5% YoY to ~$35B, vs. ~$34.5B est., Chinese e-commerce revenue up 16% YoY, and net income down to ~$3B, as it boosts cloud spending  —  Alibaba Group Holding Ltd. reported better-than-expected quarterly revenue growth, riding China's AI development boom.

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