Alibaba expanded Accio Work to B2B sellers on Alibaba.com on Tuesday, turning autonomous agent teams into a front door for day-to-day store operations. The move gives the company another way to push its AI tools deeper into commerce while it tries to turn years of heavy spending into steadier cash flow.
The new tools matter because recent adoption figures for Accio Work and Taobao's AI shopping assistants support the core catalyst behind Alibaba's cloud monetization story. But they do not erase the main risk: the company still faces profit pressure from large AI and quick-commerce investments, with more than 380,000,000,000 RMB already committed, a burden that could weigh on free cash flow.
That is the tension running through the latest view of the company. On one side, the report says Alibaba's AI products are gaining enough traction to back a stronger cloud case. On the other, it flags concerns about access to advanced chips and the broader AI race, both of which could make the spending harder to justify if the payoff takes longer than expected.
The projections attached to that view are ambitious. By 2029, the report sees Alibaba Group Holding revenue reaching CN¥1352.2 billion and profit climbing to CN¥154.4 billion, which would require annual revenue growth of 10.0 percent. It also says profit would rise by CN¥61.6 billion from CN¥92.8 billion today. The report values Alibaba at $189.08 a share, implying 34 percent upside from the current price.
Some analysts were less aggressive, expecting slower growth and putting revenue at about CN¥1,193,600,000,000 and profit at about CN¥154,900,000,000 by 2028. The gap between those estimates shows how much hinges on whether Alibaba can keep converting AI adoption into durable earnings while its spending remains elevated.
For now, the new B2B expansion strengthens the case that Alibaba's AI products are becoming part of the company's operating fabric rather than a side experiment. The harder question is whether that momentum can outrun the costs already baked into the business.
