FilingReader Intelligence
Alibaba Group's revenue rises 8% in December quarter
February 20, 2025 at 07:50 PM UTC•By FilingReader AI
Alibaba Group Holding (HKEX:9988) reported its December quarter 2024 results, highlighting growth driven by its "user first, AI-driven" strategies. Revenue increased to RMB280.154 billion (US$38.381 billion), up 8% year-over-year. Customer management revenue at Taobao and Tmall Group grew 9%, and cloud revenue saw a 13% increase, with AI-related product revenue achieving triple-digit growth for the sixth consecutive quarter.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
HKEX:9988•Hong Kong Exchange
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