Ge Long Hui·2025-07-19 02:21Group 1 - The company is restructuring its strategy by integrating Taotian Group and Alibaba International Digital Commerce Group into Alibaba's e-commerce business group, with a clear focus on e-commerce and cloud services [1] - The e-commerce industry is experiencing a slowdown in competition, with platforms like Douyin and Pinduoduo showing reduced growth rates, while Taotian Group is implementing strategies such as commission rebates and AI efficiency improvements to support growth [1] - Alibaba Cloud is positioned to lead in the market, leveraging self-developed technology and extensive customer experience, while also benefiting from significant investments in AI-related companies [1] Group 2 - The company aims to achieve AGI (Artificial General Intelligence) and has accelerated the development of its Tongyi model family, which is expected to attract new customers and business opportunities [2] - AI technology is being integrated into various aspects of e-commerce, enhancing operational efficiency and user experience, while external innovations like Quark are expected to create new user engagement [2] - Profit forecasts for FY2026-2028 indicate a net profit of 145.1 billion, 162.6 billion, and 183.9 billion yuan respectively, with expected growth rates of 11.5%, 12.1%, and 13.1% [2]