Alibaba Group's three-year rectification work has ended, and authorities will continue to guide its compliance operations to enhance its competitiveness and revive economic growth.

Thanks to the expansion of business scale and improved operational efficiency, Alibaba's core business achieved steady growth this quarter, with revenue in the first quarter increasing 4% year-on-year, but net profit falling 27% year-on-year.

Alibaba Cloud teams up with Moonshot AI and Zhaopin Group in an attempt to introduce various partners in the industry chain in a more open stance and establish a more open ecology of big AI models.

Alibaba Group reported its fiscal 2024 fourth quarter and full year results and declared a 4 billion dollars dividend for fiscal 2024.

Alibaba Cloud will build a data center in Vietnam to comply with legal requirements for local data storage, and will lease server space from Vietnamese state-owned partners at the same time.

AliCloud announced price reductions across the board in overseas markets, the average reduction is 23%, with a maximum reduction of 59%. After this, actual prices will be lower than any other international mainstream cloud vendors.

According to the source, Alibaba Cloud is fully implementing AI programming internally, using generic code to assist programmers in writing code, reading code, checking bugs, and optimizing code.To this end, Alibaba Cloud also specifically assigned a formal employee job number to Tongyi Lingma - AI001.

On the evening of February 7, Alibaba Group released its third-quarter results for fiscal 2024 and revealed that it had expanded its share repurchase program by $25 billion.。

The data center industry in Southeast Asia is growing rapidly and vigorously, but it is also putting a lot of pressure on the global zero carbon road.。Alibaba Cloud joins forces with Singapore to achieve its climate commitments and become a global leader in sustainable development。

On November 16, Alibaba released its quarterly results for the three months ended September 30, 2023, with overall results exceeding expectations。In the third quarter, Ali achieved revenue of 2,247.900 million yuan, up 9% year-on-year。Net profit was 266.9.6 billion yuan, a year-on-year turnaround。

On August 10, Alibaba released its first financial report after launching the "1 + 6 + N" organizational change.。Performance data show that in the second quarter, Alibaba Group's revenue was 2,341.5.6 billion yuan, up 14% year-on-year, the first time Alibaba's revenue growth has returned to double digits since the first quarter of last year.。

Recently, there have been media reports that Jack Ma indirectly holds a stake in a newly established company, One Meter Eight Ocean Technology (Zhejiang) Co.。The company is believed to be Ma's latest targeted investment move。

On June 27, according to Alibaba Cloud official micro, the company and Fudan University jointly built China's largest university cloud research intelligence platform CFFF officially launched.。

On May 23, JD Cloud announced that its core products directly participate in the market open price comparison, promised to "buy expensive, lose," and directly named the price comparison object: Ali Cloud, Huawei Cloud, Tencent Cloud.。

Alibaba Group Holding Ltd's cloud division has reportedly begun a round of layoffs, which could affect about 7 percent of its workforce, as part of a sweeping overhaul aimed at preparing the once-fast-growing segment for a spin-off and eventual IPO。

On April 26, Alibaba Cloud announced the largest price cut in history, with the price of core products cut by 15% to 50% across the board, and storage products cut by up to 50%.。