Alibaba’s Profit Slumps but AI Business Shines

Net profit fell 53% amid fierce competition in the food-delivery sector, but revenue growth was steady as the group targets consumer AI.

Nov 25, 2025 - 16:00
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Alibaba’s Profit Slumps but AI Business Shines
Net profit fell 53% amid fierce competition in the food-delivery sector, but revenue growth was steady as the group targets consumer AI.

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