The Chinese star's actions exploded after the results. A three -digit increase in AI revenues
2025-09-01 08:27
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2025-09-01 08:27
The shares of the Chinese technology company Alibaba Group jumped 18% after the presentation of quarterly results. The revenues and profits of the owner Aliexpress have overcome the market's expectations, but the attention of investors is primarily attracted by the intensive development of artificial intelligence.
Alibaby's revenues in the quarter ended in June reached 247.65 billion yuan ($ 34.6 billion), with $ 252.9 billion forecasted. The profit reached 43.11 billion yuan ($ 6 billion), compared to the expected 28.5 billion yuan. The company's revenues increased by 2%, and the profit by 78% year -on -year.
However, as the company explained, the increase in profit was partly caused by capital investments, as well as the sale of the Turkish company e-commerce trendyol. If it wasn't for Alibaby's profit, 18% lower year -on -year would be lower.
One of the brightest points in the results presented was the development of cloud services. Revenues in this segment of Alibaby's activity reached 33.4 billion yuan, which meant an increase of 26% (the pace above 18% recorded in the previous quarter).
The cloud service department is perceived by investors as a key indicator about how well the company manages to commercialize solutions based on artificial intelligence.
“Thanks to the high demand for the artificial intelligence, Cloud Intelligence Group has noted an accelerated increase in revenues, and revenues from products related to artificial intelligence are currently a significant part of revenues from external clients,” said the general director of Alibaby Eddie Wu in a statement.
Unlike American startups and Big Techów, the Chinese technological giant focuses on the development of artificial intelligence in the open source model. Its models can therefore be used and developed free of charge by programmers.
In addition, Alibaba sells services based on artificial intelligence within its cloud service and, according to the company, revenues from these products “maintained a three -digit increase year -on -year quarter in a row.”
According to “CNBC”, the company is working on a design of its own chip, which is to be used at the AI inference stage (the systems of other companies, including NVIDIA), will still be used to train models). Over the next 3 years, Alibaba intends to invest in artificial intelligence at least 380 billion yuan ($ 53.1 billion).
In addition to the intensive development of AI, the company is experiencing some difficulties in its basic activity, generating 50% of revenues, i.e. in electronic trade. Profits in the last quarter fell by 21% year on year.
The reason was intensive investments in the so -called immediate trade, a function enabling the purchase and delivery of some products in China in time to an hour. Alibaba and its competitors predict that this will be the direction of the development of e-commerce services in their country and intensively compete in this field.
On the other hand, the company manages to develop intensively on foreign markets. The segment, to which the AliExpress platform belongs, achieved an increase in revenues by 19% year -on -year and reduced its net loss.
On Monday, after the presentation of the results of Alibaby's quotation, over 18%jumped on the Hong Kong Stock Exchange. Around 8:30 Polish time, the company's values were expensive by exactly 18.84%.
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