Sou Hu Cai Jing·2025-08-31 03:54Core Insights - Alibaba's e-commerce segment CEO, Jiang Fan, highlighted the success and future strategy of Taobao Flash Purchase, emphasizing its role in the "instant retail" market [1] - The financial report for Q1 FY2026 showed revenue of 247.65 billion yuan, a 10% year-on-year growth when excluding sold businesses, and a net profit of 42.38 billion yuan, up 76% year-on-year [1] - CEO Wu Yongming reiterated the company's focus on consumer spending and AI + cloud strategies, which have shown positive results, particularly in the growth of the cloud intelligence group's revenue [1] Financial Performance - The Q1 FY2026 revenue reached 247.65 billion yuan, with a net profit of 42.38 billion yuan, marking a 76% increase year-on-year [1] - The overall revenue growth of 10% year-on-year reflects the effectiveness of the company's strategic focus [1] Taobao Flash Purchase Insights - Taobao Flash Purchase achieved 300% growth in monthly active users, reaching 300 million, and daily active riders increased threefold to 2 million [1] - The service has become a significant growth driver for brands, with 395 non-food brands achieving over 1 million yuan in monthly sales, and 66 brands exceeding 10 million yuan [2] - Daily order volume for Taobao Flash Purchase surpassed 10 million for three consecutive days in early August [2] Strategic Developments - The number of Alibaba's flash warehouses exceeded 50,000, with order volume growing over 360% year-on-year, and 25% of supply coming from Alibaba's ecosystem [4] - The transition of Tmall Supermarket from a B2C model to a near-field flash purchase model indicates a strategic shift towards instant retail [4] - The company anticipates that flash purchase and instant retail will generate an additional 1 trillion yuan in transactions over the next three years [2]