Alibaba has released its financial report for the third fiscal quarter of fiscal year 2025, revealing a robust revenue of 280.154 billion yuan, marking an 8% increase from the previous year. Net profit also saw a healthy rise of 6%, amounting to 46.434 billion yuan. Among its six major divisions, the performance varied significantly: Taobao and Tmall Group's revenue grew by 5%, the International Digital Commerce Group surged by 32%, and the Cloud Intelligence Group expanded by 13%. In contrast, the Cainiao Group experienced a slight decline of 1%. Meanwhile, the Local Life Group and the Digital Media and Entertainment Group posted positive growth rates of 12% and 8%, respectively.
