Mei Ri Jing Ji Xin Wen·2025-11-25 11:37Core Insights - Alibaba reported Q2 revenue of 247.8 billion RMB, a 5% year-on-year increase, surpassing the forecast of 245.2 billion RMB [1] - Adjusted net profit for the quarter was 103.5 billion RMB, below the expected 168 billion RMB [1] - The Chinese e-commerce segment generated 132.6 billion RMB, reflecting a 16% growth, exceeding the forecast of 128.5 billion RMB [2] Revenue Breakdown - The Cloud Intelligence Group saw a significant revenue increase of 34% to 39.8 billion RMB, outperforming market expectations of 37.99 billion RMB [2] - Instant retail business revenue reached 22.9 billion RMB, a 60% increase, driven by the launch of "Taobao Flash Purchase" in April 2025 [2] - The Chinese e-commerce group's customer management revenue was 7.2 billion RMB, a 10% increase, while logistics and other revenue grew by 5% to 24 billion RMB [4] Market Reaction - Following the earnings report, Alibaba's stock price surged by 4.10% in pre-market trading [4]