On the evening of June 26, Alibaba Group released its 2025 annual report and handed over a report card of positive changes: In the past year, Alibaba focused on the “user-first, AI-driven” strategy, and its core business grew at an accelerated pace. In fiscal year 2025, Alibaba Group's revenue was 996.347 billion yuan, and net profit increased 77% year-on-year to 125.976 billion yuan. New buyers from Taotian grew strongly, and Alibaba International Digital Business Group's revenue grew 29% year over year. Driven by strong AI demand, Alibaba Cloud's revenue for the fiscal year broke through double-digit growth. Revenue from AI-related products grew by three digits for seven consecutive quarters, and “AI+ Cloud” became a new engine.

On the evening of June 26, Alibaba Group released its 2025 annual report and handed over a report card of positive changes: In the past year, Alibaba focused on the “user-first, AI-driven” strategy, and its core business grew at an accelerated pace. In fiscal year 2025, Alibaba Group's revenue was 996.347 billion yuan, and net profit increased 77% year-on-year to 125.976 billion yuan. New buyers from Taotian grew strongly, and Alibaba International Digital Business Group's revenue grew 29% year over year. Driven by strong AI demand, Alibaba Cloud's revenue for the fiscal year broke through double-digit growth. Revenue from AI-related products grew by three digits for seven consecutive quarters, and “AI+ Cloud” became a new engine.