Alibaba Group has outlined its strategic direction and achievements for fiscal year 2025, focusing on e-commerce and AI-driven cloud services as primary growth engines. Chairman Joe Tsai and CEO Eddie Wu emphasized the company's commitment to a "user first, AI-driven" strategy.
The company increased investments in cloud computing and AI infrastructure to foster innovation. Alibaba divested non-core assets like Sun Art and Intime, improving operating efficiency across its platforms. Hujing Digital Media and Entertainment Group and Amap achieved profitability during the fiscal year.
Tsai and Wu highlighted China’s status as the largest online retail market, with Alibaba's Taobao and Tmall focusing on user growth. They noted improved consumer trust in these platforms, driving business acceleration. Internationally, Alibaba International Digital Commerce Group saw robust revenue growth through cross-border e-commerce initiatives.
In AI developments, Alibaba Cloud reported accelerated public cloud revenue due to high demand for AI products. The Qwen3 model was released as part of an open-source initiative that has led to significant global downloads.
Financially, Alibaba generated strong cash flow from core businesses while distributing US$4 billion in dividends for fiscal year 2024. The company announced US$4.6 billion in dividends for fiscal year 2025 along with share repurchases worth US$11.9 billion.
Looking ahead, Alibaba plans significant investments in AI infrastructure over the next three years, aiming to position "AI + Cloud" as a key growth engine. As Tsai and Wu stated: “Today, Alibaba is embarking on a new chapter in the AI era with the heart of an entrepreneur.”