Alibaba Q3 Financial Report: Instant Retail Revenue, Including Taobao Flash Sales, Grows 56% Year-over-Year

MetaMuskRat · 2026-03-21T02:38:15+00:00

People Finance News, March 19 – On the evening of March 19, Alibaba Group released its Q3 financial report. Instant retail revenue, including Taobao Flash Deals, grew 56% year-over-year, driving double-digit growth in active buyers on Taobao App and 88VIP members, with total 88VIP users approaching 60 million. The China E-commerce Group achieved adjusted EBITA of 34.613 billion yuan. While instant retail business expanded market share, losses narrowed significantly, benefiting from improved fulfillment logistics efficiency, optimized order structure, and high customer retention rates, with unit economics (UE) and average order value continuing to improve sequentially.

MetaMuskRat

2026-03-21 02:38:15

People’s Financial News, March 19 — On the evening of March 19, Alibaba Group released its Q3 financial report. Revenue from instant retail, including Taobao Flash Sale, increased by 56% year-over-year, driving double-digit growth in active buyers on the Taobao app and 88VIP users, with the total number of 88VIP approaching 60 million. The Chinese e-commerce group’s adjusted EBITA reached 34.613 billion yuan. While expanding market share in the instant retail business, losses significantly narrowed, thanks to improved fulfillment logistics efficiency, optimized order structure, and high customer retention rates. Unit economic efficiency (UE) and average order value continued to improve month-over-month.

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