{"id":483952,"date":"2026-03-19T11:53:10","date_gmt":"2026-03-19T11:53:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/483952\/"},"modified":"2026-03-19T11:53:10","modified_gmt":"2026-03-19T11:53:10","slug":"alibaba-revenue-misses-estimates-in-december-quarter-as-net-income-drops-66","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/483952\/","title":{"rendered":"Alibaba revenue misses estimates in December quarter as net income drops 66%"},"content":{"rendered":"

Chinese tech giant Alibaba<\/a> on Thursday reported net income had dropped 66% year-over-year, as it missed analyst revenue expectations.<\/p>\n

Here’s how Alibaba performed its fiscal quarter, ending Dec. 31, 2025:<\/p>\n

Revenue: 284.8 billion Chinese yuan ($41.4 billion), compared to the 290.7 billion Chinese yuan expected by analysts, according to data compiled by LSEG.Net income: 15.6 billion Chinese yuan compared to 46.4 billion Chinese yuan in the same period a year ago. <\/p>\n

Alibaba’s U.S.-listed shares dropped 4% in premarket trading on Thursday. <\/p>\n

The tech giant noted that the net income decrease was primarily due to the 74% year-on-year drop in operational income which was impacted by investments in quick commerce, user experiences and technology.<\/p>\n

Alibaba is one of several Chinese AI firms that have been rushing to catch up to U.S. companies<\/a> in the AI race. <\/p>\n

“This quarter, Alibaba maintained strong investments across our core pillars of AI and consumption,” Alibaba CEO Eddie Wu, said in a statement. <\/p>\n

“AI is and will continue to be one of our primary growth engines. Our Cloud Intelligence Group’s revenue is up 36% with AI-related product revenue delivering triple-digit growth for the tenth consecutive quarter.”<\/p>\n

Revenue from Alibaba’s cloud business was 43.3 billion Chinese yuan. “This momentum was primarily driven by public cloud revenue growth, including the increasing adoption of AI-related products,” the company said.<\/p>\n

It’s pledged tens of billions of dollars<\/a> in investments in AI and cloud infrastructure, as it looks to transition from being just an e-commerce giant to an AI leader. <\/p>\n

In January, the tech giant announced a new AI model series<\/a>, and has also been investing in ‘agentic commerce’<\/a> as it looks to turn chatbots into full-service shopping and payment tools. <\/p>\n

\"HowChoose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Chinese tech giant Alibaba on Thursday reported net income had dropped 66% year-over-year, as it missed analyst revenue…\n","protected":false},"author":2,"featured_media":483953,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[554,7985,733,4308,5754,7796,273,160898,32592,32593,86,56,54,55,160895],"class_list":["post-483952","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-alibaba-group-holding-ltd","tag-artificial-intelligence","tag-artificialintelligence","tag-asia-economy","tag-breaking-news-technology","tag-business-news","tag-invesco-golden-dragon-china-etf","tag-ishares-china-large-cap-etf","tag-ishares-msci-china-etf","tag-technology","tag-uk","tag-united-kingdom","tag-unitedkingdom","tag-xtrackers-harvest-csi-300-china-a-shares-etf"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/483952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=483952"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/483952\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/483953"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=483952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=483952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=483952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}