深潮TechFlow|Mar 20, 2026 05:47
[Alibaba Aims to Exceed $100 Billion in External Revenue from Cloud and AI Within Five Years]
DeepTech TechFlow reports, on March 20, according to *Nikkei Asia*, Alibaba CEO Wu Yongming stated on March 19 that the company plans to achieve a combined external revenue of over $100 billion from cloud computing and AI within the next five years. However, Alibaba's quarterly financial report fell short of expectations, with December quarter revenue below market forecasts and profits plunging 66% year-on-year. Following the announcement, its New York-listed stock price dropped as much as 7% intraday.
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