Alibaba Reveals for the First Time! Wu Yongming: High Certainty in AI Investment Returns

Alibaba announced its fourth quarter and full-year financial performance for the 2026 fiscal year. In the fourth quarter, Alibaba’s revenue reached RMB 243.38 billion, a 3% year-on-year increase. Excluding the disposed businesses of Highsun Retail and Intime, the revenue growth on a like-for-like basis would be 11%. The full-year revenue amounted to RMB 1.02367 trillion, a 3% increase year-on-year. Notably, Alibaba Cloud’s external commercial revenue surged by 40% year-on-year, marking the fastest growth rate in nearly 9 quarters. The proportion of AI-related product revenue within the external commercial revenue has risen to 30%, generating quarterly revenue of approximately RMB 8.971…