Alibaba has unveiled its financial results for the second quarter of the 2026 fiscal year, revealing that revenue soared to 247.8 billion yuan. This marks a 4.8% year-on-year increase; when excluding the impact of divested businesses, the revenue surge reaches an impressive 15% year-on-year growth. Specifically, the Cloud Intelligence Group reported revenue of 39.82 billion yuan, reflecting a robust 34% year-on-year rise. Moreover, revenue from AI-related products has sustained triple-digit growth for nine consecutive quarters, showcasing Alibaba's strong momentum in this cutting-edge sector.
