On the evening of May 23, Alibaba Group released its 2024 annual report. The annual report shows that in fiscal year 2024, Alibaba Group's revenue increased 8% year on year to 941,168 billion yuan, and adjusted EBITA increased 12% year over year to 165.028 billion yuan. Among them, Taotian Group's revenue was 434.9 billion yuan; Ali International Digital Business Group's revenue exceeded 100 billion yuan, up 46% year on year; Cainiao Group's revenue increased 28% year on year; and Alibaba Cloud's adjusted EBITA increased 49% year on year. Facing the future, Alibaba said it will continue to invest in two major areas: one is to accelerate the growth of its core business, and the other is to maintain leadership in basic technology and innovation, including AI. “Alibaba will always focus on the future.” In a letter to shareholders, Alibaba said, “Over the next 10 years, we will regard ourselves as a startup, stick to the original mission of 'make the world have no difficult business', and continue to innovate with an entrepreneurial spirit. We will uphold the long-term principle, making trade-offs for today and investing for tomorrow.” (Sina Technology)