Jack Ma: "E-commerce and cloud + AI" are the two core strategic directions of Alibaba.

Alibaba Group Chairman Cai Chongxin said at the 510 Alibaba Day Friends and Family Meeting that the company is focusing on two core strategic directions "e-commerce, cloud + AI," and mentioned innovative businesses such as Xianyu, Quark, Gaode, Dingding, and 1688. Cai Chongxin said Alibaba wants to integrate AI into every business and every aspect, and in the next three to five years, all businesses should be driven by AI. "The e-commerce business does not dominate the entrance to the Internet, because e-commerce is a vertical category, and there are more other Internet companies that have taken over the entrance to users. But if we can focus on AI, we can break through the entire entrance, maybe we can create a new entrance in an AI way, allowing us to attract more users."