Alibaba reported net cash from operating activities of RMB22.945bn (US$3.382bn)
for the quarter ended June 30, 2026, up 11% YoY from RMB20.672bn. Free cash flow
was a net outflow of RMB44.67bn (US$6.584bn), versus a net outflow of
RMB18.815bn a year earlier, primarily due to higher cloud infrastructure
spending. Cash and other short-term investments stood at RMB474.505bn
(US$69.933bn) at June 30, 2026.
