Gravity
~$1.05T GMV GROSS (VERY gross — commerce GMV) + ~$22B/yr Cloud. VA-deflated ~$43B/yr (~6% VA, DEFERRED — the gross-vs-value-added trap). Qwen-OWN-attributable gravity (distinct from the commerce number above): monetized floor ~$4.2B/yr (Alibaba Cloud AI ARR target, thin) atop a much larger unmonetized open-weight/enterprise-adoption footprint (200k+ HF derivatives, 1B+ downloads, 234M app users, now + Apple Intelligence China selection)
Sourced figures 3
- alibaba-qwen-axes bundle GMV 'US$1 trillion' last-official (FY2020); Cloud ¥158B; Qwen 200k+ HF derivative models, 1B downloads Apr-2026
- Google News RSS aggregation (multiple outlets) Apple selected Qwen as the primary LLM for Apple Intelligence in China (Baidu handles visual search); approved ~mid-Jul-2026 after a 22-month review; BABA +4-7.9%, ~+$17B market cap on the news
- Futu (via Google News RSS) — earnings commentary summary Alibaba Cloud AI annual recurring revenue (ARR) 'expected to exceed ¥30B (~$4.2B) by year-end' (2026) — forward-looking company target, not yet a realized TTM figure, and is Alibaba-Cloud-AI-wide (not Qwen-model-line-isolated)
the working
Threads 1
A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to Alibaba.