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Alibaba CEO Wu Yongming: Alibaba Cloud external revenue to exceed $100B by 2030 with 20%+ margin

Published: 2026-08-20 21:24:22Category: financeHeat: 72

English summary

Alibaba Group released Q1 FY2027 financial results. On the earnings call, CEO Eddie Wu expressed strong confidence in reaching the $100 billion cloud external revenue target by 2030 and sees high visibility for Alibaba Cloud to achieve a 20%+ operating margin. AI cloud shows strong long-term growth and margin expansion momentum.

The English text is machine translated and may require verification against the Chinese version.

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