{"id":976962,"date":"2025-11-27T11:31:46","date_gmt":"2025-11-27T06:01:46","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=976962"},"modified":"2025-11-27T11:31:46","modified_gmt":"2025-11-27T06:01:46","slug":"alibabas-cloud-business-revenue-soars-34-driven-by-ai-boom-2","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/11\/27\/alibabas-cloud-business-revenue-soars-34-driven-by-ai-boom-2\/","title":{"rendered":"Alibabas cloud business revenue soars 34% driven by AI boom"},"content":{"rendered":"<p>HONG KONG (AP) \u2014 China\u2019s Alibaba Group posted a 34% jump in revenue from its cloud business in its most recent quarter, buoyed by the boom in artificial intelligence.<\/p>\n<p>But overall revenue at the Chinese tech group for the July-September quarter increased by just 5% year-on-year to 247.8 billion yuan ($35 billion), and profit fell 52% from last year, as a fierce price war in China&#8217;s e-commerce landscape &#8212; including in the food delivery segment &#8212; eroded into short-term profitability. JD.com, its e-commerce rival, reported a 55% net profit drop in the same quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG (AP) \u2014 China\u2019s Alibaba Group posted a 34% jump in revenue from its cloud business in its most recent quarter, buoyed by the boom in artificial intelligence. But overall revenue at the Chinese tech group for the July-September quarter increased by just 5% year-on-year to 247.8 billion yuan ($35 billion), and profit fell 52% from last year, as a fierce price war in China&#8217;s e-commerce landscape &#8212; including in the food delivery segment &#8212; eroded into short-term profitability. JD.com, its e-commerce rival, reported a 55% net profit drop in the same quarter.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-976962","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/976962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=976962"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/976962\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=976962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=976962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=976962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}