Venture(US:VEMLY) Mei Ri Jing Ji Xin Wen·2025-12-23 13:16Core Viewpoint - The return of Alibaba's founder Jack Ma in 2025 symbolizes a pivotal moment for the company as it embarks on a second entrepreneurial journey, emphasizing the importance of technology in serving humanity rather than replacing it [3][12]. Group 1: Jack Ma's Return - Jack Ma made a public appearance on April 10, 2025, at Alibaba Cloud's new fiscal year launch, signaling his official return [3]. - His return aligns with Alibaba's vision to operate as a startup again, as stated in a shareholder letter by Alibaba's chairman and CEO [3]. - Ma's presence has been increasingly frequent, appearing at various company events and public engagements, reinforcing his role as a symbol of confidence for Alibaba's second entrepreneurial phase [4][12]. Group 2: Company Strategy and Actions - Alibaba is focusing on breaking away from past issues, revitalizing its entrepreneurial spirit, and concentrating on core business areas, particularly AI and e-commerce [6][8]. - The company has made significant changes, including divesting non-core assets and restructuring its internal organization to enhance operational efficiency [8][9]. - In the competitive landscape of the food delivery market, Alibaba's Ele.me has seen its market share increase from 13% to 28% in Q2 2025, despite the challenges posed by heavy subsidies [9]. Group 3: AI and Future Growth - Alibaba plans to invest 380 billion yuan in cloud and AI infrastructure over the next three years, which exceeds the total investment of the past decade [11]. - The company aims to achieve a tenfold increase in the energy consumption scale of its global data centers by 2032, indicating a long-term commitment to AI and cloud services [11]. - By Q3 2025, Alibaba's instant retail business revenue grew by 60%, and its cloud intelligence group reported a 34% year-on-year revenue increase, showcasing the effectiveness of its transformation efforts [12].