2025-08-29 11:30Financial Performance - Total revenue increased by 2% year-over-year to RMB 247,652 million[11], compared to RMB 243,236 million in the same quarter of the previous year[11] - Net income significantly increased by 76% to RMB 42,382 million[11], compared to RMB 24,022 million in the same quarter of the previous year[11] - Adjusted EBITA decreased by 14% year-over-year to RMB 38,844 million[11], compared to RMB 45,035 million in the same quarter of the previous year[11] - Non-GAAP net income decreased by 18% year-over-year to RMB 33,510 million[11], compared to RMB 40,691 million in the same quarter of the previous year[11] - Free cash flow turned negative, reaching RMB -18,815 million[14], compared to RMB 17,372 million in the same quarter of the previous year[14] Segment Performance - Alibaba China E-commerce Group revenue increased by 10% year-over-year[7] - Alibaba International Digital Commerce Group (AIDC) revenue increased by 19% year-over-year[7] - Cloud Intelligence Group revenue increased by 26% year-over-year[7] - Revenue from All others segment decreased by 28% year-over-year[26] Share Repurchase - The company repurchased 56 million ordinary shares (equivalent to 7 million ADSs) for a total of US$815 million during the quarter[17]