Alibaba Group (NASDAQ:BABA) delivered strong FY25 Q3 earnings, beating expectations with solid growth in its Cloud Intelligence Group. The 9% year-over-year growth in its core Taobao & Tmall Group was a positive surprise, given the challenging economic landscape in China. While operational efficiency metrics were encouraging, the lack of transparency around the sizeable planned CapEx spend raises concerns—though not necessarily an issue if it translates into meaningful revenue growth.
The live translation on the earnings call provided clearer insights from management in their native language. However, this also removes the “lost in translation” excuse, making it more apparent when questions go unanswered. For more details, key highlights, and commentary, check out the high-level earnings summary.
