1. Alibaba's cloud revenue growth accelerated to 18% year-over-year, driven by strong AI-related demand which has maintained triple-digit growth for 7 consecutive quarters.
2. AI adoption is expanding from digital-native industries to traditional sectors like manufacturing and farming, as companies migrate workloads to the cloud to implement AI.
3. For the next few quarters, Alibaba expects cloud revenue growth to continue on an upward trajectory, driven by increasing AI adoption across industries.
4. In e-commerce, Alibaba is focusing on using AI to enhance user experience through improved search, recommendations and advertising efficiency. The company is also exploring AI applications to boost internal productivity and merchant efficiency.
5. Regarding monetization on Taobao and Tmall, Alibaba's primary goal remains stabilizing mid to long-term market share. The company views monetization rate as a reflection of market share and business efficiency.
Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.