智通财经网·2025-11-25 14:35Core Viewpoint - Alibaba's second-quarter revenue reached 247.8 billion yuan, a 5% year-on-year increase, slightly exceeding market expectations, but adjusted net profit plummeted 72% to 10.35 billion yuan, indicating significant pressure on profitability [1] Group 1: Financial Performance - Revenue for the second quarter was 247.8 billion yuan, up 5% year-on-year, slightly above market expectations [1] - Adjusted net profit fell 72% year-on-year to 10.35 billion yuan, highlighting a significant decline in profitability [1] - Cloud Intelligence Group emerged as a performance highlight with revenue soaring 34% year-on-year to 39.82 billion yuan, surpassing market estimates of 37.99 billion yuan [1] Group 2: Business Segments - Instant retail business revenue reached 22.906 billion yuan, a 60% year-on-year increase, primarily driven by the order volume growth from the "Taobao Flash Sale" launched in April 2025 [1] Group 3: Investment Strategy - The company has invested approximately 120 billion yuan in AI and cloud infrastructure over the past four quarters [1] - Alibaba plans to "actively" invest in enhancing its artificial intelligence capabilities and does not rule out additional investments beyond the previously committed 380 billion yuan over three years [1] - The previously mentioned 380 billion yuan investment may appear small considering customer demand [1]