X @外汇交易员

Financial Performance - Alibaba Group's capital expenditure on AI + cloud infrastructure totaled approximately 120 billion RMB over the past four quarters [1] - Immediate retail business revenue reached 2290.6 million RMB, a 60% year-over-year increase [1] Business Development - The growth in immediate retail revenue is primarily attributed to the increased order volume resulting from the "Taobao Flash Sale" launched at the end of April 2025 [1]