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Alibaba Group Holding Ltd. ( (HK:9988) ) just unveiled an update.
Alibaba Group announced its financial results for the June Quarter 2025, highlighting strong growth driven by its strategic focus on consumption and AI + Cloud. The company reported a 2% year-over-year revenue increase to RMB247,652 million, with a significant portion of growth attributed to its AI-related products. Despite a decrease in income from operations, net income saw a 76% increase due to gains from equity investments and business disposals. The company remains committed to investing in quick commerce and AI initiatives to drive long-term growth.
The most recent analyst rating on (HK:9988) stock is a Buy with a HK$135.00 price target. To see the full list of analyst forecasts on Alibaba Group Holding Ltd. stock, see the HK:9988 Stock Forecast page.
More about Alibaba Group Holding Ltd.
Alibaba Group Holding Limited is a leading company in the e-commerce and technology industry, primarily offering online retail services, cloud computing, digital media, and entertainment. It operates globally with a significant market focus on China and has a presence on both the New York Stock Exchange and the Hong Kong Stock Exchange.
Average Trading Volume: 88,025,982
Technical Sentiment Signal: Buy
Current Market Cap: HK$2208.8B
See more data about 9988 stock on TipRanks’ Stock Analysis page.