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.

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

Adjusted earnings before interest, taxes, depreciation and amortization declined about 4% to 47.33 billion yuan in its fiscal second quarter.