Alibaba posts decrease in profit for September Quarter

Hong Kong, 25th November: Last week, the Alibaba Group, a leading e-commerce company in China, released its financial results for the quarter ended 30th September 2025. The company recorded total revenues of US$35 billion, up 5% year-on-year.

However, Alibaba posted a decrease of 35% in its net profit, down to US$2.9 billion. The company attributed the decline to the investment in quick commerce, user experiences, and technology.

In terms of Alibaba’s B2B business, revenues from the “China commerce wholesale” business, under its Alibaba China E-commerce Group, primarily generated through 1688.com, were US$947 million, representing an increase of 13% year-on-year. Revenues from its “International commerce wholesale” business under Alibaba International Digital Commerce Group, primarily operating through Alibaba.com, increased by 11%, reaching US$945 million.

In addition, Alibaba also released its financial results for the six months ended 30th September, with revenues of US$70 billion, an increase of 3% year-on-year. Net profit in the six-month period dropped 7%, amounting at US$8.8 billion. Diluted earnings per share in the first half of the financial year were RMB 3.34 (US$0.47).

Revenues from the “China commerce wholesale” business rose 13% year-on-year, reaching US$1.9 billion; while revenues from its “International commerce wholesale” business were US$1.8 billion, up 12%.

Eddie Wu, Chief Executive Officer of Alibaba Group, was quoted, “We have entered into an investment phase to build long-term strategic value in AI technologies and infrastructure and a consumption platform integrating daily life services and e-commerce. With our significant strategic investments in these areas, our two core businesses of AI + Cloud and consumption continued to deliver strong growth this quarter. Robust AI demand further accelerated our Cloud Intelligence Group business, with revenue up 34% and AI-related product revenue achieving triple-digit year-over-year growth for the ninth consecutive quarter. In our consumption business, quick commerce continued to scale with significant improvement in unit economics and drove rapid growth in monthly active consumers on the Taobao app.”