Alibaba: In the fourth fiscal quarter, revenue of the entertainment conglomerate increased by 12% year-on-year.

Alibaba Group's financial report shows that as of the quarter ending on March 31, 2025, Da Entertainment Group's revenue was 5.54 billion yuan, a year-on-year increase of 12%, mainly driven by strong performance in the film and entertainment businesses and an increase in ad revenue for Youku. This quarter, Da Entertainment Group's adjusted EBITA turned positive, mainly driven by Youku's profitability.