Core Insights - Alibaba's revenue for the quarter ending June 30, 2025, was RMB 247.65 billion (USD 34.57 billion), representing a year-on-year growth of 2% [1] - Operating profit decreased to RMB 34.99 billion (USD 4.88 billion), down 3% year-on-year, primarily due to a reduction in adjusted EBITA [1] - Net profit attributable to ordinary shareholders surged 78% year-on-year to RMB 43.12 billion (USD 6.02 billion), driven by changes in the valuation of equity investments and gains from the disposal of Trendyol's local services business [1] AIDC Performance - AIDC reported a revenue increase of 19% year-on-year to RMB 34.74 billion (USD 4.85 billion), mainly fueled by strong cross-border business performance [2] - The unit's losses significantly narrowed year-on-year and quarter-on-quarter, with improved unit economics in the AliExpress Choice business due to logistics optimization [2] - Trendyol's international business unit also showed improved unit economics quarter-on-quarter [2] Cloud Intelligence Group - The Cloud Intelligence Group's revenue reached RMB 33.40 billion (USD 4.66 billion), marking a 26% year-on-year growth [2] - Overall revenue growth (excluding Alibaba's consolidated business) accelerated to 26%, driven by increased public cloud business revenue, including a rise in AI-related product adoption [2] - AI-related product revenue has achieved triple-digit year-on-year growth for eight consecutive quarters, with sustained demand for computing, storage, and other public cloud services to support AI applications [2] Strategic Focus - The CEO emphasized a focus on consumer and AI + cloud strategies, achieving strong growth through significant investments in instant retail and integration of consumer platforms [3] - The CFO highlighted a 10% year-on-year growth in customer management revenue and a 26% increase in Cloud Intelligence Group revenue, with AI-related product revenue continuing to grow significantly [3] - The company aims to maintain its market leadership in AI and cloud services while investing in major initiatives in instant retail and AI [3]