Alibaba Quarterly Financial Results

Local Consumer Services e饿了么高德地图 liggy 淘鲜达 Ele.me Amap Taoxianda Alibaba Local Consumer Services revenue • Revenue from Local consumer services, which includes "To-Home" and "To-Destination" businesses such as Ele.me, Amap and Fliggy, was RMB10,632 million (US$1,587 million) in the quarter ended June 30, 2022, an increase of 5% compared to RMB10,099 million in the same quarter of 2021, primarily due to more efficient use of subsidies that were contra revenue of Ele.me. Segment adjusted EBITA Adjusted EBITA was a loss of RMB3,044 million (US$454 million) in the quarter ended June 30, 2022, compared to a loss of RMB4,770 million in the same quarter of 2021, primarily due to the continued narrowing of losses from our "To-Home" businesses, driven by Ele.me's improved unit economics per order. Ele.me's unit economics per order was positive during the June quarter due to increased average order value year-over- year as well as its ongoing focus on optimizing user acquisition spending and reducing delivery cost per order. (in RMB Mn, except percentages) Revenue Adj. EBITA Adj. EBITA Margin Three months ended June 30, 2021 2022 YoY % 10,099 10,632 5% (4,770) (3,044) 36% (47%) (29%) 10

View entire presentation