Alibaba conference call: Cloud business growth is mainly driven by AI demand, and it will remain in an upward trajectory in the coming quarters, converting more Taobao users into instant retail users
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Alibaba stated that in the coming quarters, the revenue growth rate of Alibaba Cloud is still in an upward channel, and the explosion of inference demand has not yet fully reflected in this financial report. The customer demand driven by inference is still steadily increasing. The focus of instant retail is to convert more Taobao users into instant retail users and then upgrade the business model. In addition, the full-site push + software service fees will provide considerable time for incremental growth in the future
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