Group 1 - The core revenue for Alibaba in the third fiscal quarter (ending December 2025) was 284.84 billion RMB, representing a 2% year-over-year increase, but below the forecast of 289.79 billion RMB [1] - Non-GAAP net profit for the same quarter was 16.71 billion RMB (2.39 billion USD), a significant decline of 67% compared to 51.07 billion RMB in the same quarter of 2024 [1] - The adjusted EBITDA for the third fiscal quarter was 34.06 billion RMB, lower than the expected 39.62 billion RMB [1] Group 2 - E-commerce business revenue reached 131.58 billion RMB, a slight increase of 1% compared to 130.66 billion RMB in the same quarter of 2024 [2] - Customer management revenue also grew by 1%, primarily due to an increase in transaction rates [2] - Instant retail business revenue surged to 20.84 billion RMB, marking a 56% increase from 13.36 billion RMB in the same quarter of 2024, driven by the launch of "Taobao Flash Purchase" [2] Group 3 - Alibaba has commenced large-scale production of its self-developed Pingtouge GPU, which supports end-to-end AI workloads from training to inference [3]
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