BABA(US:BABA) Sou Hu Cai Jing·2025-06-28 06:35Core Insights - Alibaba Group reported a total revenue of 996.347 billion yuan for the fiscal year 2025, representing a year-on-year growth of 6%, while net profit surged by 77% to 125.976 billion yuan [1][9]. Revenue Breakdown - The e-commerce segment, Taotian Group, generated revenue of 449.827 billion yuan, with a growth rate of 3%. Customer management revenue increased by 6%, and the 88VIP membership surpassed 50 million, indicating enhanced platform ecosystem vitality and user stickiness [9][10]. - Alibaba Cloud achieved revenue of 118.028 billion yuan, marking an 11% increase. AI-related product revenue has seen triple-digit growth for seven consecutive quarters, serving over half of China's A-share listed companies [10]. Strategic Developments - Alibaba has strategically exited non-core assets such as Hema and Intime, recovering over 10 billion yuan to focus resources on core businesses and AI sectors. The company distributed 4.6 billion USD in dividends and repurchased 11.9 billion USD in shares to enhance shareholder returns [10]. - The international digital commerce group experienced a revenue growth of 29%, with platforms like AliExpress, Trendyol, and Lazada deepening global presence through localized supply and efficiency improvements [10]. Future Outlook - Alibaba plans to continue its "user-first, AI-driven" strategy, investing in AI technology and industry applications to solidify its global tech competitiveness and drive high-quality business growth and ecosystem synergy [10].