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Alibaba's Profits Surge 78%, Stock Jumps 12.9%

8/29/2025

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Summary

Story summary

Alibaba's net income for the June quarter reached 43.11 billion yuan, a 78% year-on-year increase.
Revenues of 247.65 billion yuan fell short of forecasts, with profit growth linked to equity gains and the sale of Trendyol.
Operational income decreased, yet Alibaba's stock rose 12.9% in the U.S., reflecting a 40% increase this year due to cloud computing and e-commerce advancements.

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Story summary

Alibaba's net income for the June quarter reached 43.11 billion yuan, a 78% year-on-year increase.
Revenues of 247.65 billion yuan fell short of forecasts, with profit growth linked to equity gains and the sale of Trendyol.
Operational income decreased, yet Alibaba's stock rose 12.9% in the U.S., reflecting a 40% increase this year due to cloud computing and e-commerce advancements.