DeepTide TechFlow News – On March 20, according to Nikkei Asia, Alibaba CEO Wu Yongming stated on March 19 that the company plans to achieve combined external revenue of over 100 billion dollars from cloud computing and AI within the next five years. However, Alibaba's quarterly financial report underperformed expectations, with December quarter revenue falling short of market projections and profits plummeting 66% year-over-year. Following the announcement, the company's New York-listed stock price dropped as much as 7% during intraday trading.

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