Xin Lang Cai Jing·2025-11-25 11:12Core Viewpoint - Alibaba's stock surged over 3% in pre-market trading following the release of its second fiscal quarter results, which showed mixed performance against market expectations [1] Financial Performance - Revenue for the second fiscal quarter reached 247.8 billion RMB, exceeding the forecast of 245.2 billion RMB [1] - Adjusted earnings per ADS were 4.36 RMB, below the expected 6.34 RMB [1] - Revenue from the China e-commerce segment was 132.58 billion RMB [1] - Adjusted net profit was 10.35 billion RMB, significantly lower than the anticipated 16.8 billion RMB [1] Business Growth - Alibaba reported strong growth in its core businesses, particularly in AI and cloud services, which continued to perform well during the quarter [1] - The Cloud Intelligence Group generated revenue of 39.82 billion RMB, marking a 34% year-over-year increase, surpassing the market estimate of 37.99 billion RMB [1]