On March 19, Alibaba Group released its Q3 FY2026 earnings report (for the three months ended December 31, 2025). The results showed group revenue reached RMB 284.843 billion, representing a 9% year-on-year increase after adjusting for the disposal of Intime and Gaoxin Retail. Adjusted net profit stood at RMB 16.71 billion, down 67% year-on-year. Alibaba attributed the decline in overall profitability primarily to investments in instant retail, user experience, and technology. During the reporting period, Alibaba Cloud's revenue growth accelerated to 36%, with AI-related product revenue achieving triple-digit growth for the tenth consecutive quarter. The group plans to achieve annual revenue exceeding $100 billion from its cloud and AI businesses, including MaaS, within the next five years.
On March 18, Alibaba Cloud issued a price adjustment notice on its official website for AI computing and memory products. Due to a significant increase in procurement costs, the company has decided to adjust prices for services including AI computing and CPFS (AI Computing Version) starting April 18, 2026. Among the adjustments, computing card products such as the t-head Zhenwu 810E will see price increases ranging from 5% to 34%, while CPFS (AI Computing Version) will increase by 30%.