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Alibaba beats quarterly revenue estimates
Reutersยท 2025-11-25 10:37
Core Insights - Alibaba exceeded analysts' revenue expectations for the quarter, driven by investments in one-hour delivery services that attracted more users to its shopping applications [1] Group 1: Financial Performance - The company reported quarterly revenue that surpassed analysts' estimates, indicating strong performance in its e-commerce segment [1] Group 2: Strategic Investments - Investments in one-hour delivery services have been a key factor in increasing user engagement with Alibaba's shopping apps, showcasing the effectiveness of its logistics strategy [1] Group 3: Cloud Division - The performance of Alibaba's cloud division was also highlighted, although specific details on its contribution were not provided in the summary [1]