新华网财经·2025-11-25 12:29Core Viewpoint - Alibaba Group reported strong financial results for Q2 of FY2026, with revenue reaching 247.795 billion RMB, exceeding market expectations and showing a 15% year-over-year growth when excluding divested businesses [1][2]. Group 1: Financial Performance - Alibaba's total revenue for the quarter was 247.795 billion RMB, with a year-over-year increase of 15% after excluding the impact of sold businesses [1]. - The e-commerce segment, including customer management and instant retail, showed significant growth, with instant retail revenue increasing by 60% [5][6]. - Alibaba Cloud's revenue reached 398.24 billion RMB, marking a 34% year-over-year growth, the highest growth rate recorded [1][4]. Group 2: Strategic Investments - The company continues to invest heavily in AI and cloud technologies, which are expected to drive long-term growth [1][2]. - Alibaba's CEO emphasized the importance of building AI technology and infrastructure platforms, as well as integrating life services with e-commerce [2][4]. Group 3: Business Segments - The customer management revenue for Alibaba's e-commerce group grew by 10%, while the overall e-commerce segment revenue increased by 16% year-over-year [2][6]. - The instant retail business has shown remarkable growth, with significant improvements in user retention and average order value, contributing to the rapid increase in monthly active users on the Taobao app [5][6]. - Alibaba Cloud has maintained a leading position in the AI cloud market, with a reported market share of 35.8% in the first half of 2025 [4]. Group 4: Operational Efficiency - Multiple business units within Alibaba, including Hema, Amap, and Alibaba Health, have shown year-over-year revenue growth, indicating improved operational efficiency [7]. - The launch of the Qianwen App has also contributed to the company's growth strategy, with over 10 million downloads within a week of its public testing [4].