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Alibaba Targets $100B in AI and Cloud Revenue over 5 Years as Its Vision for the Agentic Era Comes Into Focus

Summary by Digiday
This story was first published by Digiday sibling Modern Retail. Change is afoot at one of the world’s largest e-commerce companies as it shifts its business model to adapt to the agentic AI era.  During its latest quarterly earnings report on Thursday, Alibaba reported revenue that fell below analyst expectations. For the fiscal quarter ending Dec. 31, 2025, Alibaba reported revenue of 284.8 billion Chinese yuan, or $41.4 billion. Analysts had …

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Photo: Bloomberg Chinese technology corporation Alibaba plans to double its revenue from cloud services and artificial intelligence to $100 billion over the next five years. According to the company's CEO, Eddie Wu, the ambition of setting these financial plans is driven by increased demand for artificial intelligence. According to the financial results published by Alibaba, the company's profit in the fourth quarter of last year decreased by 67…

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MACAU DAILY TIMES 澳門每日時報 broke the news on Monday, March 23, 2026.
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