Flash | 29 Aug 2025 07:28:03 ET │ 12 pages Alibaba Group Holding (BABA.N) FY1Q26 Revs +10% yoy (Excl. Deconsolidation); Adj. EBITA/NP Missed Consensus CITI'S TAKE Ali reported mixed FY1Q26 with total revs +2% yoy to Rmb247.7bn, 2/2.2% below our estimate/consensus of Rmb252.6/253.2bn. Excluding deconsolidated revs, like-for-like revs would have been grown by +10% yoy. 1) Total Alibaba China E-commerce Group +10% yoy to Rmb140.1bn, of which CMR +10% yoy to Rmb89.3bn; direct sales, logistics and others +7% yoy ...