Alibaba: Goal Is To Surpass $100 Bln In Combined Cloud, AI External Revenue Over Next 5 Yrs - Conf Call
March 19 (Reuters) - Alibaba Group Holding Ltd 9988.HK:
ALIBABA GROUP: OVER THE NEXT FIVE YEARS, OUR GOAL IS TO SURPASS $100 BILLION IN COMBINED CLOUD AND AI EXTERNAL REVENUE- CONF CALL
ALIBABA GROUP: WEAK MACRO CONSUMPTION AND LATER TIMING OF CHINESE NEW YEAR CHALLENGED GROWTH FOR DECEMBER QUARTER
ALIBABA GROUP: WITH IMPROVING CONSUMER SENTIMENT IN FIRST MONTHS OF THIS QUARTER, OUR GMV HAS SIGNIFICANTLY RECOVERED
ALIBABA GROUP: MAINTAIN OUR TARGET OF ACHIEVING OVER 1 TRILLION RMB IN QUICK COMMERCE GMV BY FY28
ALIBABA GROUP: EXPECT QUICK COMMERCE BUSINESS TO BE PROFITABLE BY FY29
ALIBABA GROUP: OVER THE NEXT 3-5 YEARS COMPUTING POWER WILL BE IN SHORT SUPPLY ESPECIALLY IN THE CHINESE MARKET
ALIBABA GROUP: T-HEAD IS OF PARAMOUNT IMPORTANCE TO INCREASING OUR SUPPLY OF AI COMPUTING POWER
ALIBABA GROUP: THROUGH 2026 AND 2027 WE EXPECT T-HEAD PRODUCTION CAPACITY TO INCREASE
ALIBABA GROUP: WE DO NOT RULE OUT A T-HEAD IPO IN FUTURE THOUGH WE CURRENTLY HAVE NO DEFINITIVE TIMELINE
ALIBABA GROUP: SOME INVESTMENTS WE ARE MAKING TODAY MAY NOT YIELD SIGNIFICANT GROWTH FOR ONE OR TWO YEARS
