Sou Hu Cai Jing·2025-08-29 13:42Group 1 - Alibaba Group reported its Q1 financial results for the fiscal year 2026, showing a revenue of RMB 247.65 billion, a year-on-year increase of 2%. On a like-for-like basis, revenue grew by 10% when excluding the disposed businesses of Hema and Intime [1] - The net profit reached RMB 42.38 billion, representing a significant year-on-year growth of 76% [1] - The "instant retail" segment performed notably well, generating revenue of RMB 14.78 billion for the three months ending June 30, 2025, which is a 12% increase compared to RMB 13.20 billion in the same period of 2024. This growth was primarily driven by the order volume increase from the launch of "Taobao Flash Purchase" at the end of April 2025 [1] Group 2 - The instant retail business contributed to a 25% year-on-year increase in monthly active consumers on the Taobao app during the first three weeks of August [1]