Alibaba's Financial Report: AI Commercialization Gains Full Momentum, Cloud Revenue Surges 45% to Hit 22-Quarter Peak
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Author:小编   

Alibaba has unveiled its financial results for the first quarter of fiscal year 2027, showcasing a remarkable stride in the commercialization of artificial intelligence (AI). In a standout performance, Alibaba Cloud's revenue from external commercial customers soared by 45% year-on-year, reaching a 22-quarter high. Furthermore, its adjusted EBITA witnessed a substantial 133% year-on-year increase, achieving a profit margin of 12%. Notably, revenue from AI-driven products has sustained triple-digit growth for 12 consecutive quarters, underscoring Alibaba's robust position in the AI market. On the consumer front, instant retail revenue experienced a robust 45% year-on-year growth, with Taobao Flash Sales maintaining a steady market share and user experience (UE) consistently enhancing on a quarterly basis.

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