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At a glance
Alibaba Group operates commerce and cloud businesses. This topic also follows Qwen models, Alibaba Cloud and the company’s AI research and products.
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- Qwen; Alibaba Cloud; commerce
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- Alibaba
Reviewed 19 October 2026. Dates retain the precision of the source; retrospective disclosures are identified in the event. Group revenue, cloud revenue and AI-product growth have different scopes; planned infrastructure spending is not sales.
Company milestones
Revenue, funding, product launches and major company events, newest first. Expand the earlier milestones for more history.
Cloud quarterly revenue reaches RMB48.4B
The April–June quarter records 45% cloud revenue growth; group quarterly revenue is approximately RMB269B. Cloud revenue is broader than AI-model sales.
Source: AP / Alibaba resultsCloud quarterly revenue reaches RMB41.6B
Alibaba reports 38% growth in its cloud business for the March quarter, documenting the step before the June-quarter result.
Source: AP / Alibaba results
Show earlier milestonesHide earlier milestones2025–1999 · 7 milestones
Earlier revenue, financing and company milestones.
Expands Qwen3 with coding models
Qwen3-Coder extends the open-model lineup into multi-step software-agent workflows, alongside reasoning and translation releases.
Source: AlibabaIntroduces Qwen3
The hybrid-reasoning model family follows Qwen2.5 and expands Alibaba’s open-model platform.
Source: AlibabaIntroduces Quark as an AI super assistant
Alibaba integrates Qwen-based reasoning into the consumer information platform, linking its models with an established application.
Source: AlibabaPlans RMB380B in cloud and AI investment
Alibaba announces at least RMB380B over three years. This is a forward-looking infrastructure investment plan, not completed spending or revenue.
Source: Alibaba / SECCloud quarterly revenue reaches RMB31.74B
The December 2024 quarter records 13% cloud growth, while AI-related products grow at a triple-digit rate for a sixth consecutive quarter.
Source: AlibabaPublishes Qwen open-weight models
Alibaba releases its first Qwen and Qwen Chat open-weight models.
Source: Alibaba
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