--- title: "Alibaba-W released its third-quarter results, with a net profit attributable to shareholders of 16.322 billion yuan, a year-on-year decrease of 67%. Alibaba Cloud's revenue grew strongly by 36%" type: "News" locale: "en" url: "https://longbridge.com/en/news/279761622.md" description: "Alibaba-W released its Q3 2025 results, with revenue of 284.843 billion yuan, a year-on-year increase of 2%; operating profit of 10.645 billion yuan, a year-on-year decrease of 74%; and net profit attributable to shareholders of 16.322 billion yuan, a year-on-year decrease of 67%. Alibaba Cloud's revenue grew by 36%, and AI-related products have achieved triple-digit growth for ten consecutive quarters. CEO Eric Wu stated that the company will continue to increase investments in AI and consumer sectors, while CFO Xu Hong emphasized that strong cash reserves will support strategic investments" datetime: "2026-03-19T10:32:15.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279761622.md) - [en](https://longbridge.com/en/news/279761622.md) - [zh-HK](https://longbridge.com/zh-HK/news/279761622.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/279761622.md) | [繁體中文](https://longbridge.com/zh-HK/news/279761622.md) # Alibaba-W released its third-quarter results, with a net profit attributable to shareholders of 16.322 billion yuan, a year-on-year decrease of 67%. Alibaba Cloud's revenue grew strongly by 36% According to the Zhitong Finance APP, Alibaba-W (09988) released its third-quarter results for the three months ending December 31, 2025, with revenue of RMB 284.843 billion, a year-on-year increase of 2%; operating profit of RMB 10.645 billion, a year-on-year decrease of 74%; net profit attributable to ordinary shareholders of RMB 16.322 billion, a year-on-year decrease of 67%; and diluted earnings per American Depositary Share of RMB 5.93. Alibaba Group CEO Eric Wu stated: "In this quarter, Alibaba continued to invest in two core areas: AI and consumption. AI is one of our main growth engines. Alibaba Cloud's revenue grew strongly by 36%, with AI-related product revenue achieving triple-digit growth for the tenth consecutive quarter. At the same time, our MaaS platform business is also experiencing rapid growth, building a new growth engine for the cloud. On the other hand, the Qianwen app is accelerating its integration with various application scenarios in Alibaba's consumer ecosystem, significantly driving new user growth and transaction activity. The MAU of Qianwen across all platforms has surpassed 300 million, and AI intelligent entities have entered the era of large-scale operations. In the future, relying on our full-stack AI capabilities of 'large models + cloud + chips,' along with comprehensive integration with Alibaba's commercial ecosystem, we will continue to make efforts in both AI to B and to C directions." Alibaba Group CFO Xu Hong stated: "The rapid growth of AI + cloud over the past few quarters has given us more confidence to increase investment and consolidate our full-stack AI technology advantages. In terms of consumer business, while expanding the scale of instant retail, user experience continues to improve. The group's strong capital reserves and robust cash generation capabilities will provide solid support for our ongoing strategic investments." **Consumer Business** In this quarter, we continued to advance our strategic layout, further expanding the scale of instant retail business, enhancing user experience, optimizing operational efficiency, and increasing efforts to expand high-ticket dining and non-food categories. This quarter, thanks to improvements in fulfillment logistics efficiency, order structure optimization, and high customer retention rates, the unit economic benefits and average transaction value of the instant retail business continued to improve month-on-month. This quarter, we rebranded "Ele.me" to "Taobao Flash Purchase," closely linking it with the Taobao app and strengthening our brand image. Additionally, Taobao Flash Purchase will integrate with the Qianwen app on January 15, 2026, to further expand its consumer base and better meet users' diverse needs. This quarter, customer management revenue grew by 1% year-on-year to RMB 102.664 billion (USD 14.681 billion), with the growth rate slowing mainly due to a slowdown in transactions and the fading impact of basic software service fees. This quarter, the user mindset of the instant retail business continued to improve, with sustained growth in scale, driving a double-digit year-on-year increase in monthly active consumers on the Taobao app. The 88VIP members are our highest purchasing power consumer group, with their numbers continuing to grow at a double-digit year-on-year rate, exceeding 59 million. For our most important customers, we will continue to focus on improving the retention of 88VIP members by enhancing value positioning. As of the quarter ending December 31, 2025, the Alibaba International Digital Commerce Group (AIDC) significantly narrowed its losses year-on-year, mainly due to improvements in logistics optimization and investment efficiency. The unit economic benefits of the AliExpress Choice business continued to improve month-on-month **AI + Cloud Business** As of the quarter ending December 31, 2025, the revenue of the Cloud Intelligence Group was 43.284 billion yuan (6.19 billion USD). Total revenue and revenue excluding Alibaba's consolidated businesses accelerated year-on-year growth to 36% and 35%, respectively. This growth momentum was primarily driven by the increase in public cloud business revenue, which includes the adoption of AI-related products. Revenue from AI-related products maintained strong momentum, achieving triple-digit year-on-year growth for the tenth consecutive quarter. Alibaba Cloud continues to lead the market, attracting an increasing number of customers to adopt our comprehensive AI + cloud products and services, including high-performance networking, distributed storage, cloud operating systems, and model training and inference services. In Gartner®'s "2025 Magic Quadrant for Cloud Database Management Systems," Alibaba Cloud has been recognized as a leader for the sixth consecutive year. In Gartner®'s "Emerging Market Quadrant for Generative AI Technologies" report, Alibaba Cloud was again rated as an emerging leader in all four assessment quadrants for generative AI, becoming the only cloud service provider in the Asia-Pacific region to receive this honor. Our enterprise-level large model portfolio—the Qianwen model family—continues to drive rapid AI implementation in key verticals including intelligent manufacturing, financial services, consumer retail, and cloud-native development, achieving quantifiable productivity improvements through its full-stack, multi-modal capabilities. With top-tier AI foundational models, large-scale real-world application deployments, and clear technological advantages, our Qianwen models are rapidly expanding in both technological innovation and application popularization. With the advanced Qwen 3.5 foundational model, our flagship AI application for consumers—the Qianwen app—has become an important milestone in our AI strategy: transforming the leading capabilities of self-developed models into scalable real-world applications. On January 15, 2026, we announced a major upgrade to the Qianwen app, achieving deep integration with Alibaba's ecosystem businesses such as Taobao, Tmall, Taobao Flash Sale, Amap, Fliggy, and Alipay. The Qianwen app can provide cross-platform intelligent scheduling services, becoming China's first AI assistant capable of executing complex real-world tasks on a large scale. This marks a new phase in the AI industry, transitioning from chat-based interaction to task execution. This ecosystem-level integration further expands user reach, enhances user stickiness across Alibaba's platforms, and solidifies our leading advantage in applying AI. Since launching the Spring Festival promotion on February 6, user activity on the Qianwen app has significantly increased. By the end of February, nearly 140 million users experienced AI shopping for the first time through the intelligent features of the Qianwen app, covering various fields such as dining, daily necessities, ticketing services, and travel bookings. 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