Alibaba Group released its quarterly earnings on Friday, announcing a 2% year-over-year increase in revenue to 247.65 billion Chinese yuan for the quarter ending June 30, 2025.
Despite the revenue growth, Alibaba missed market expectations. The company’s e-commerce business faced strong competition and changing consumer demand, impacting overall sales.
On a brighter note, Alibaba's cloud computing unit delivered strong sales growth, helping offset some of the pressure from its core e-commerce business.
Alibaba’s stock has outperformed both the broader Chinese stock market and the S&P 500 (SPX) this year, rising more than 40%.
Alibaba's main e-commerce business faced increased competition and changing consumer behavior, which affected its overall revenue.
Alibaba's cloud computing unit saw strong sales growth, which was a positive part of the earnings report.
Alibaba's stock has risen over 40% this year, outperforming both the Chinese market and the S&P 500.
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