Key Points Industry or Company Involved - **Company**: Alibaba Group Holding Limited - **Industry**: AI, Cloud Computing, E-commerce, Advertising Core Views and Arguments - **AI Strategy and Product Development**: - **Alibaba's AI strategy involves integrating various products and teams under a new organization called "Wujia"** [1]. - **The strategy includes integrating the existing product "Kuaishou" and expanding to new products like "Tianmaoxingling" and "Tongying APP"** [1]. - **The organization will consist of around 400 people, with a focus on AI hardware and model development** [1]. - **Alibaba plans to invest heavily in AI hardware, with a budget of 25 billion yuan for AI servers alone** [3]. - **AI Hardware and Infrastructure**: - **Alibaba plans to expand its AI server budget by 35% to 39.6 billion yuan by 2027** [3]. - **The company aims to purchase 20,000 new training cards and 6,000 new inference cards, totaling 26,000 cards** [5]. - **The total investment in AI hardware and infrastructure is expected to reach 300 billion yuan** [5]. - **AI Applications in E-commerce**: - **Alibaba has developed various AI applications for e-commerce, including "Shengyi管家" (Business Manager), "Qianzhan推" (Frontier Push), and "Search"** [9-12]. - **These applications help improve product presentation, marketing, and search accuracy** [9-12]. - **AI Applications in Advertising**: - **Alibaba's AI advertising platform, "AIGB," helps advertisers optimize their ad spending and improve ad performance** [4]. - **The platform has been successful in increasing ad exposure and engagement for advertisers** [4]. - **AI Applications in Cloud Computing**: - **Alibaba Cloud's AI capabilities have been enhanced, with a focus on model development and infrastructure** [18]. - **The company plans to invest heavily in AI hardware, with a budget of 40 billion yuan** [21]. - **Alibaba Cloud's revenue and profit growth are expected to be in the double digits, with a projected growth rate of around 11%** [24]. Other Important Points - **Alibaba's AI strategy is expected to have a significant impact on the company's revenue and profit growth**. - **The company plans to invest heavily in AI hardware and infrastructure to support its AI strategy**. - **Alibaba's AI applications in e-commerce, advertising, and cloud computing are expected to drive growth in these areas**. - **The company's AI strategy is aligned with its long-term vision of becoming a leading AI company**.

Please stand by. Your program is about to begin. If you need assistance during your conference today, please press star zero. Good day, everyone, and welcome to today's Nylon Pharmaceuticals Q3 2024 earnings conference call. At this time, all participants are in a listen-only mode. Later, you will have the opportunity to ask questions during the question and answer session. You may register to ask a question at any time by pressing the star and one on your telephone keypad. You may withdraw yourself from th ...

Oh You. you. Bye! Thank you. ... ... you. The conference is now being recorded. Good day ladies and gentlemen. The first part is the management's speech. The second part is the Q&A. Currently, the channels you are calling are only available in Chinese. If you have any questions, please call the number on the screen. Now I will hand over the microphone to Lidia Liu, Director of Investment Relations at Alibaba Group. Hello everyone. Welcome to Alibaba Group's September 2024 Business Call Conference. Our guest ...

应该说对于整个的就是阿里巴巴这边包括互联网电商的整体的观点我们是还是非常看多的然后最急于的观点包括就今年推荐的美团其实还是竞争格局改善那这个竞争格局改善我认为和整个的就是商家对于整个金融面包括整个经济宏观大势的一个应该说是整体的预期是有关的 那大家更愿意回到一个货架的整体的这个经营的方向去做整个的生意所以今年的不管是美团还是阿里就是包括整个互联网板块我们认为的话都是讲同一个逻辑叫进度格局改善 就是这个竞争格局改善这个点呢其实应该说是会体现到方方面面就是大家过去在营销端投入很多的费用来争取市场的一个或者说是对于总量的增长来讲的话是有很高的一个预期的这个事不是有平台来主导的而是有商户来主导的所以我们其实这篇的就是深度报告啊其实最核心还是大家关注的就是几个点无非是第一个是直播链商对阿里巴巴的竞争 第二个是整个的多多对阿里巴巴的竞争因为二季度来讲的话二季度爆多多的话就是管理层突然对于市场进一步的说是要加大竞争所以市场会担心阿里巴巴对于整个的这一块的应该说是竞争的一个影响那我们去看的话应该说是这个影响是微乎其微的而不是在营销端的影响是过去更多的收费的不标准然后呢再返还给商户 所以我们判断的整个的就是可以看到品牌商户以及 ...

本文档仅供上海信鱼私募基金管理有限公司18860455898研究使用，请勿外传 Morgan Asia Pacific Equity Research 25 September 2024 Alibaba Group Holding Limited (BABA US & 9988 HK) Key takeaways from 2024 Apsara Conference | --- | --- | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------- ...

阿里巴巴 FY25Q1 业绩会完整纪要 20240815 一、管理层发言 1.CEO 发言 在新的财年中，我们以用户为中心和以人工智能为驱动的战略开始显现 成效。本季度的业绩反映出持续稳定的增长势头。 淘宝和天猫集团实现了订单量和总交易额的稳定同比增长。阿里巴巴国 际数字商务事业部（AIDC）的收入保持强劲增长。阿里云的收入，剔除阿里集 团并表子公司的影响后，重回正增长轨道，这一增长主要得益于核心公共云和人 工智能产品的推动，以及我们在其他业务板块实现了不同程度的运营效率和变现 能力的提升。这推动了某些亏损业务的显著改善。淘宝和天猫集团坚持用户至上 的战略，持续在关键能力上进行投资，致力于在满足消费者多样化购物需求的同 时，提供高品质、价格合理的产品和服务。 本季度，得益于购买频率的显著提高，我们的总交易额（GMV）和订单 量实现了稳定增长。关于电子商务参与者市场份额动态的内外部数据表明，我们 在逐步稳定市场份额方面呈现出积极趋势，这进一步验证了我们在用户体验投资 方面的有效性。截至季度末，88VIP 会员数已达到 4200 万。我们将继续探索 并改进对该日益增长的高端会员群体的计划福利、产品供应和服务体验。 ...

呃那我对我总结一下阿里的推荐逻辑那我们现在这个时间推荐阿里主要是呃认为我们认为我们呃我们认为阿里在基本面然后在资金面都有一些明显的变化那首先从基本面来看的话我们复盘一下就是阿里过去他的股价为什么会呃走的相对的比较低迷那主要还是因为他电商这个核心业务的市场份额在抖音和拼多多的这个 以及其他友商的一个竞争下市场份额一直在下降啊这个是他这个嗯股价一直表现比较低迷的原因啊那同时背后还有一个原因啊就除了这个友商的竞争之外还有一个原因就是阿里内部组织的一个呃组织相对比较战斗力比较薄弱的这么一个事情就是这也是大家市场对阿里相对诟病的一个点呃那我们现在推荐阿里我们认为 就是刚刚说到的这两个点还是发生了一些变化的。那首先从这个阿里组织变化的这个层面,我们认为,呃,阿里这次最核心的变化就在于去年年底的这个组织架构调整完之后,就是呃,吴永明担任了公司的这个呃,集团的CEO以及阿里电商和阿里云这两大核心业务的CEO。那这样的话,它是从根本上改变了之前阿里。 就是内部会有一些内耗的这么一个局面。所以这个阿里整体的电商业务,它在吴永明的领导下,就是大家齐心协力地可以认认真真的去做事情,那这样对它的整个组织战斗力会有一个明显的提升。这个是 ...

更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 Goldman Equity Sachs Research 18 June 2024 | 10:09PM HKT Online Health: Reaching end of negative revision cycle Resume coverage on Ali Health (Buy)/JD Health (Neutral) We resume coverage of the China Online Health sector, with a Buy rating on Alibaba Health (ALH) and Neutral rating on JD Health (JDH). After 80% share price correction from peak level in 2021 mostly driven by valuation contraction from terminal value erosion, we believe the sector should expect stabilized valuatio ...

务收入同比境长% HN 个能，展现出了较为无现 22,年全重回相低价的疗在全度适联用的增长糖长基至安现 写评论 ...

Good day, ladies and gentlemen. Thank you for standing by. Welcome to Alibaba Group's March quarter 2024 and full fiscal year 2024 results conference call. At this time, all participants are on listen-only mode. After management's prepared remarks, there will be a Q&A session. I would now like to turn the call over to Rob Lin, head of investor relations of Alibaba Group. Please go ahead. Thank you. And good day, everyone. Welcome to Alibaba Group's March quarter and full fiscal year 2024 results conference ...