Alibaba, China’s e-commerce, entertainment and tech giant, reported a 5% increase in revenues in the three months to September.

The results come at a tricky time for Chinese commerce businesses, given the broad sluggishness in the world's second-largest economy.

Alibaba Group Holding missed analysts' estimates for quarterly sales on Friday, as lingering economic uncertainty sapped consumer spending in China and weighed on the e-commerce giant's domestic business.