On November 25, Alibaba unveiled its financial results for the second quarter of fiscal year 2026, revealing a revenue of 247.8 billion yuan. This figure represents a notable 4.8% year-on-year (YoY) increase, surpassing the projected estimate of 245.2 billion yuan. Within this impressive performance, the revenue generated by China's e-commerce business segment amounted to 132.58 billion yuan. Meanwhile, the Cloud Intelligence Group witnessed a remarkable surge, with its revenue soaring by 34% compared to the same period last year.
