Ali's financial report: The revenue of the local life group was 16.134 billion yuan, a year-on-year increase of 10%.

date
15/05/2025
On the evening of May 15, Alibaba Group Holding announced the fourth quarter and full-year performance for the 2025 fiscal year. Ele.me continues to maintain strong growth momentum, while accelerating the innovation and implementation of AI applications in businesses and delivery platforms. Financial data shows that for the quarter ending March 31, 2025, driven by the rapid growth of Ele.me and Gaode orders, the revenue of the Local Services Group reached 16.134 billion yuan, a 10% increase compared to the same period in 2024. Alibaba's 2025 fiscal year data shows that the revenue of the Local Services Group increased by 12% year-on-year to 67.076 billion yuan. With the continuous improvement of operational capabilities, Ele.me is rapidly expanding its business scale on the basis of optimizing operational efficiency.
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