Alibaba's cloud revenue soars 34% as AI takes off

Business Nov 25, 2025

Alibaba just posted a huge 34% jump in its cloud business for July-September 2025, fueled by booming demand for AI tools.
While total revenue hit $35 billion (up 5%), profits dropped by half as competition in China's e-commerce scene stayed intense.

Big bets on AI and what's next

Alibaba is doubling down on tech, planning to invest at least $53 billion in cloud and AI over the next three years.
Their new chatbot Qwen racked up 10 million downloads in just a week.
Even though profits fell, investors seem optimistic—Alibaba's shares rose both in Hong Kong and New York.
Meanwhile, rival JD.com also saw profits slide, showing how tough the market is right now.