Alibaba FY2026 Q3 Earnings Report: Taobao Flash Sale grows by 56%, 88VIP approaches 60 million

GateUser-bd883c58 · 2026-03-28T02:02:52+00:00

Alibaba's revenue growth slowed in Q3 of the 2026 fiscal year, but instant retail businesses like Taobao Flash Sale performed well, with a 56% increase in revenue. At the same time, overall Alibaba e-commerce revenue and customer management revenue saw a slight increase, with nearly 60 million 88VIP users.

GateUser-bd883c58

2026-03-28 02:02:52

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Ask AI · How does the 56% growth of Taobao Flash Sales reshape Alibaba’s e-commerce landscape?

Beijing Business Daily (Reporter He Qian) - On the evening of March 19, Alibaba Group released its financial results for the third quarter of fiscal year 2026 (ending December 31, 2025). The data shows that Alibaba’s revenue for the quarter was 284.84 billion yuan, a year-on-year increase of 2%; the net profit attributable to ordinary shareholders was 16.322 billion yuan, a year-on-year decrease of 67%; the net cash flow from operating activities was 36 billion yuan, a year-on-year decrease of 49%.

In terms of specific business, Alibaba’s instant retail growth was notable this quarter, with instant retail revenue, including Taobao Flash Sales, reaching 20.84 billion yuan, a year-on-year increase of 56%, driving double-digit growth in active buyers on the Taobao App and 88VIP users. Currently, the number of 88VIP users is approaching 60 million.

In the e-commerce segment, for the three months ending December 31, 2025, Alibaba’s China e-commerce revenue was 131.58 billion yuan, a year-on-year increase of 1%. At the same time, customer management revenue increased by 1% year-on-year, mainly due to the increase in monetization rate (Take rate).

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