Alibaba Group delivered a remarkable report card in the third quarter of fiscal year 2025. According to the financial report, the company's revenue reached 280.15 billion yuan, an increase of 8% year-on-year; net profit soared to 46.434 billion yuan, an increase of 333% year-on-year. This impressive performance not only reflects Alibaba's strong resilience in a complex market environment, but also demonstrates the continued growth potential of its core business.
At the financial report press conference, Alibaba Group CEO Wu Yongming elaborated on the company's future strategic plan in detail. He said that in the next three years, Alibaba will make large-scale investments in cloud computing and AI infrastructure, and the investment scale is expected to exceed the sum of the past decade. Wu Yongming emphasized that the company will continue to focus on the development strategy of e-commerce and "AI+cloud" driven by the dual-wheel drive of e-commerce, which will become an important engine for Alibaba's future growth. Specifically, the company will focus on three major business segments: domestic and foreign e-commerce business, AI and cloud computing technology business, and Internet platform products.
Financial report data further reveals Alibaba's remarkable achievements in the field of technological innovation. Alibaba Cloud's revenue increased by 13% year-on-year, while AI-related product revenue achieved triple-digit growth for six consecutive quarters. This series of data shows that Alibaba's continuous investment in the field of AI technology is transforming into tangible business value. At the same time, the company is also actively optimizing its balance sheet and further improving its financial health through strategic measures such as selling non-core assets, implementing share repurchases and extending debt maturity. It is reported that Alibaba plans to sell all the interests of Gaoxin Retail and Intime to concentrate resources to develop core businesses.
Wu Yongming emphasized at the press conference that Alibaba is standing at the starting point of the new technology cycle and is facing unprecedented opportunities and challenges. He said that the company will continue to increase its technological innovation and promote the innovation and upgrading of business models through the deep integration of AI and cloud computing. Wu Yongming firmly believes that in future market competition, Alibaba will continue to maintain its leading position in the industry with its technological advantages and market insights.
In summary, Alibaba's performance in the third quarter of fiscal year 2025 was remarkable: revenue was 280.15 billion yuan and net profit was 46.434 billion yuan, achieving year-on-year growth of 8% and 333% respectively. The company's investment in cloud and AI infrastructure will hit record highs in the next three years. At the same time, by optimizing asset structure and focusing on core businesses, Alibaba is laying a solid foundation for future sustained growth.