BABA(US:BABA) Ge Long Hui·2025-05-15 09:52Core Insights - Alibaba Group reported significant growth driven by AI in its Q4 and full-year financial results for FY2025, with a focus on AI and cloud as new growth engines [1][5] Financial Performance - Alibaba Cloud revenue grew by 18% year-over-year, with external revenue increasing by 17%, and AI-related product revenue achieving triple-digit growth for seven consecutive quarters [2] - The total revenue for Alibaba Cloud for the fiscal year surpassed double-digit growth [2] E-commerce Performance - Taobao and Tmall exceeded expectations with strong new buyer growth, achieving over 50 million 88VIP members, and a 12% year-over-year increase in customer management revenue [3] - The company is enhancing user experience and supporting merchants to provide high-quality products and services, creating new growth opportunities [3] International Business - Alibaba's International Digital Commerce Group saw a 22% year-over-year revenue increase, driven by strong performance in cross-border business [4] AI Investment and Strategy - The company plans to invest over 380 billion yuan in AI and cloud infrastructure over the next three years to meet growing AI demand [5] - Alibaba is accelerating the application of AI across various industries, collaborating with both large enterprises and SMEs, which supports the long-term goal of achieving Artificial General Intelligence (AGI) [5]