阿里巴巴(纪要):AI 是十年机会,外卖补贴可以替代营销投入
海豚投研·2025-05-16 17:15
以下为 阿里巴巴 FY25Q4 的财报电话会纪要,财报解读请移步《 AI 续命前先放血,"不甘" 的阿里再拼一把? 》 一、财报核心信息回顾 | Alibaba quartery results wrap-up | | | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 3Q24A | | | | | | | 4Q25E | Rmb 100mn | | | | | | | 1Q24A 2Q24A 4Q24A 1Q25A 2Q25A 3Q25A 4Q25A var. | | | | -0.6% | | | | 2365 | 2802 | 2365 | 2379 | Overall Total revenue | | | | | | | 2342 2248 2603 2219 2432 | | | | 13.9% | | | | 5.2% | 1.6% | 6.6% | 7.2% ...