Alibaba Group has recently made strategic adjustments. Chairman Tsai Chongxin made it clear that the company will focus on its two core businesses of e-commerce and cloud services. As the most abundant scenario for AI application, e-commerce business will receive Alibaba’s continued investment. Recent data shows that the order volume of Taobao and Tmall platforms has achieved significant growth. This is inseparable from the active participation of the company's founders and a strong management team, which has injected new vitality and confidence into the company's development.
Tsai Chongxin, chairman of Alibaba Group, said that the company will focus on e-commerce and cloud services. E-commerce is the richest AI application scenario and is increasing investment in related technologies. In the December quarter, the order volume of Taobao and Tmall platforms successfully achieved double-digit growth. Tsai Chongxin believes that the founder's becoming the company's major shareholder has boosted confidence. He emphasized that a strong management team is crucial to the company's development and can inject new confidence into employees.Alibaba’s strategic adjustments show its confidence in the future development of e-commerce and cloud services, as well as its emphasis on AI technology. The growth in order volume and the stability of the management team have provided strong support for Alibaba's future development. This indicates that Alibaba will continue to maintain its leading position in technological innovation and market competition.