Xin Lang Ke Ji·2025-08-29 11:23Core Insights - Alibaba's instant retail business revenue reached 14.784 billion RMB in the first fiscal quarter of 2026, marking a 12% year-over-year growth [1] - The growth in instant retail was driven by a 25% increase in monthly active users on Taobao due to flash sales [1] Financial Performance - The e-commerce segment of Alibaba's China operations reported a total revenue of 140.072 billion RMB, reflecting a 10% increase compared to the previous year [1] - Customer management revenue grew by 10% to 89.252 billion RMB, while logistics and other services saw a 7% increase to 29.325 billion RMB [1] - The international digital commerce group generated 34.741 billion RMB, a 19% increase, with international retail business growing by 20% [1] Segment Analysis - Instant retail revenue was 14.784 billion RMB, up 12% year-over-year, contributing to the overall growth of Alibaba's e-commerce business [1] - The wholesale business in China also showed strong performance with a 13% increase, reaching 6.711 billion RMB [1] - The intelligent logistics group reported a significant 26% growth, reaching 33.398 billion RMB [1]