Search
Alibaba's e-commerce business revenue slightly decreased by 1%, while instant retail revenue increased by 57%
1 day ago /
Read about 0 minute
Author：小编
Alibaba Group announced its financial results for the fourth fiscal quarter ending March 31, 2026. During this quarter, the revenue from its e-commerce business was RMB 96.292 billion, a year-on-year decrease of 1%. Revenue from customer management increased by 1% year-on-year, and on a like-for-like basis, excluding the impact of the new marketing development plan, it grew by 8%. Revenue from the instant retail business was RMB 19.988 billion, a year-on-year increase of 57%, primarily driven by the growth in orders from 'Taobao Flash Sales'.
-
C114 Communication Network -
Communication Home
7 X 24 Track global technological trends
