<a href="https://laohu8.com/S/BABA">Alibaba Group</a> Reports 9% Increase in E-commerce Revenue for June Quarter 2025; Overall Revenue Up 2% Year-Over-Year
Alibaba Group Holding Ltd. released its financial results for the quarter ended June 30, 2025. The company reported a revenue of RMB247.7 billion (US$34.6 billion), marking a 2% increase year-over-year. Excluding revenue from the disposed businesses of Sun Art and Intime, the revenue on a like-for-like basis would have grown by 10% year-over-year. The E-commerce business segment reported revenue of RMB118.6 billion (US$16.6 billion), representing a 9% increase compared to the same quarter in 2024. Customer management revenue in this segment rose by 10% year-over-year, driven mainly by an improved take rate. Revenue from direct sales, logistics, and others within the E-commerce business was RMB29.3 billion (US$4.1 billion), a 7% increase from the previous year, primarily due to increased logistics services revenue. Interest and investment income, net for the quarter resulted in a gain of RMB17.4 billion (US$2.4 billion), compared to a loss of RMB1.5 billion in the same quarter of 2024. This financial performance was partly offset by increased investments in "Taobao Instant Commerce" and other user-focused initiatives, despite the double-digit revenue growth in the Alibaba China E-commerce Group and improved operating efficiencies across various businesses.
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