Alibaba has unveiled its financial results for the third quarter of fiscal year 2025. As of December 31, 2024, the company's total revenue stood at RMB 280.15 billion, marking an 8% year-over-year increase. Notably, the Alibaba Cloud Intelligence Group reported revenue of RMB 31.742 billion, achieving a 13% year-on-year growth rate, nearly doubling the growth observed in the previous quarter. This robust performance was primarily fueled by the surge in public cloud revenue stemming from AI-related products. Notably, AI revenue has now recorded triple-digit growth for six consecutive quarters.
