Alibaba's Qwen AI App Expected to Boost Cloud Division Growth and Achieve 60% Market Share in AI Cloud Revenue

Wednesday, Jan 14, 2026 4:04 pm ET1min read
BABA--

Alibaba's Qwen AI app could significantly boost its cloud division's growth, with Jefferies analyst Thomas Chong projecting a 60% market share in AI cloud revenue this year. Industry revenue is expected to grow 149% year-over-year by 2025, with Alibaba leading the charge. The company's cloud unit could capture the majority of new AI cloud revenue, enhancing user experience across several Alibaba applications. Alibaba's financial health is underscored by strong revenue growth, profitability metrics, and a stable balance sheet.

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