Shulou(Shulou.com)11/24 Report--

On November 16, Alibaba Group's financial report revealed that in view of many uncertain factors, it will no longer promote the complete spin-off of Cloud Intelligence Group. At the same time, Alibaba will resolutely increase his continuous strategic investment in Aliyun to ensure that Aliyun focuses on the "AI + cloud computing" development strategy and build leading cloud computing services in the AI era.

According to Ali Financial report, "the recent expansion of US restrictions on the export of advanced computing chips has brought uncertainty to the future of Cloud Intelligence Group. We believe that the complete spin-off of Cloud Intelligence Group may not be able to enhance shareholder value as originally envisaged, so we have decided not to promote a complete split of Cloud Intelligence Group, but will face an uncertain environment and focus on building a model for sustainable growth of Cloud Intelligence Group."

Ali said that in the face of the AI era, Ali Yun needs long-term strategic investment more than ever. Alibaba will resolutely increase the intensity of investment in Aliyun, let Ali Yun focus on the "AI + cloud computing" development strategy, and minimize the adverse impact of uncertainties on future development.

Analysts believe that in the process of development, enterprises must dynamically evaluate the rapidly changing market environment and respond flexibly. The arrival of the AI era means a new development opportunity for Aliyun. To better grasp the opportunity of this era, the most determined investor is undoubtedly Alibaba. No longer promote a complete spin-off, Ali continues to increase strategic investment, which is the most favorable decision for the future development of Ali Yun and the realization of shareholder value.

At the same time, Alibaba continued to promote self-reform and achieved remarkable results, harvesting another quarter of steady growth. Facing the future, each business will face the market more independently, stimulate innovation and release development vitality. It is understood that so far, Cainiao has submitted an application for listing to the Hong Kong Stock Exchange.

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