Strong Revenue and EBITDA Growth
Total revenue excluding Sun Art at Intime grew 10% year-over-year, and adjusted EBITDA increased 36% year-over-year.
AI and Cloud Expansion
Alibaba Cloud's revenue grew 18% this quarter, with AI-related product revenue maintaining triple-digit growth for the seventh consecutive quarter.
E-commerce User Growth
Taobao and Tmall Group saw user growth with 88VIP members surpassing 50 million, and customer management revenue rose 12% year-over-year.
Profitability in Digital Media and Entertainment
The Digital Media and Entertainment Group achieved profitability on an adjusted EBITDA basis this quarter.
Shareholder Returns
An annual dividend of $1.05 per ADS was approved, along with a special dividend of $0.95 per ADS, and $11.9 billion in share repurchases were made, totaling $16.5 billion returned to shareholders.