Alibaba credits AI-driven strategy for strong growth

AI-related products posted triple-digit growth

Alibaba Group has announced that its “user first, AI-driven” strategy fuelled solid growth for the quarter and fiscal year ended 31 March 2025.

The group’s revenue grew 6% to $138.07b (RMB996.3b) for the year ending March, while net profit surged 62% to $17.95 b (RMB129.5b).

The company’s Cloud Intelligence Group revenue jumped 18%, with AI-related products posting triple-digit growth for the seventh straight quarter.

Taobao and Tmall customer management revenue rose 12%, reflecting better user experience and monetisation.

Taobao and Tmall Group's revenue rose 9% to RMB101.4b, the fastest growth in seven quarters.

CEO Eddie Wu said the company’s focus on AI and cloud is driving core business growth and will remain a key engine for long-term success.

Alibaba reported a 7% increase in quarterly revenue and 36% growth in EBITA.

CFO Toby Xu confirmed the company repurchased $11.9b in shares this fiscal year, reducing outstanding shares by 5.1%, and approved $4.6b in dividends.