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Alibaba Cloud Achieves 26% Revenue Growth, Highest in Three Years
2 week ago /
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Author：小编
On the evening of August 29, Alibaba Group unveiled its financial performance for the first quarter of fiscal year 2026, revealing a significant 26% year-over-year surge in Alibaba Cloud's quarterly revenue, which reached RMB 33.398 billion. This marks the highest growth rate achieved by the cloud division in three years. Notably, AI-related revenue has witnessed triple-digit growth for eight consecutive quarters, fueling a persistent rise in demand for public cloud services.
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