financetom
Business
financetom
/
Business
/
Update: Market Chatter: Alibaba Seeks $100 Billion in Revenue From Cloud, AI in 5 Years
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Market Chatter: Alibaba Seeks $100 Billion in Revenue From Cloud, AI in 5 Years
Mar 19, 2026 5:36 AM

08:08 AM EDT, 03/19/2026 (MT Newswires) -- (Update with Alibaba's ( BABA ) response to a request for comment from MT Newswires.)

Alibaba Group Holding ( BABA ) Chief Executive Eddie Wu said Thursday on an analyst call that the company's goal is to top $100 billion in combined cloud and AI revenue over the next five years, Bloomberg reported.

Alibaba ( BABA ) confirmed Bloomberg's reporting in response to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved