Di Yi Cai Jing·2025-06-26 14:18Core Viewpoint - Alibaba emphasizes the need to adopt a startup mentality and approach, focusing on AI as the core driver of transformation for the next decade [1][12]. Strategic Focus - The company is committed to two strategic priorities: "User First" and "AI Driven," integrating these principles across all internet platform businesses [1][5]. - Alibaba aims to leverage AI to enhance business growth and create new user experiences, viewing it as a significant opportunity for future development [6][7]. Financial Performance - In the fiscal year 2025, Alibaba's international digital commerce group reported a 29% year-over-year revenue increase, although it still faced an adjusted EBITA loss of 15.137 billion yuan [2]. - The company has streamlined its partner structure, reducing the number of partners from 26 to 17, with notable exits from key positions [2][4]. AI and Cloud Investment - Alibaba plans to significantly increase investments in AI and cloud infrastructure, with a commitment to invest more in the next three years than in the past decade combined [11]. - The company is focused on building a competitive global cloud computing network and enhancing its AI model capabilities [10][11]. Shareholder Returns - For the fiscal year 2024, Alibaba distributed a total of $4 billion in dividends and announced a $4.6 billion dividend for fiscal year 2025, alongside a share buyback plan totaling $11.9 billion [9][8]. - The company aims to maximize shareholder value through strategic capital allocation and focusing on core business areas [9].