Alibaba Accelerates Growth Momentum, Enhances Shareholder Returns
Cloud Intelligence Group’s revenue grew 18% year-over-year, led by strong demand of AI-related products, which have now posted seven consecutive quarters of triple-digit revenue growth. Taobao and Tmall Group (TTG) reported a 12% increase in customer management revenue, while the international commerce business segment achieved a 22% revenue growth
Tmall Doubles Down on Brand Growth with Expanded Resources
The platform’s focus on brand growth delivered results in 2024—more than 4,100 brands generated over RMB100 million in annual sales each
Alibaba Unveils its Latest Open-Source Video Generation Model
The model demonstrates remarkable capabilities in executing users’ instructions, maintaining consistency between the first frame and the generated video
Alibaba Introduces Qwen3, Setting New Benchmark in Open-Source AI with Hybrid Reasoning
Alibaba has launched Qwen3, the latest generation of its open-sourced large language model (LLM) family, setting a new benchmark for AI innovation
