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Toby Xu

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Toby Xu
The latest news on Toby Xu, chief financial officer of Alibaba, including business news and updates.
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Business, Technology
Job Title
Chief Financial Officer of Alibaba
Alibaba

Alibaba to lead AI capital spending among Chinese firms amid strong demand

The group’s intention to boost AI-related capital outlay reflects its aim to spearhead China’s efforts in the race for global AI leadership.

Alibaba posts 5% rise in quarterly revenue on AI, cloud momentum

Alibaba’s finance chief voices confidence in China’s AI boom

Toby Xu Hong says Alibaba’s substantial investments in AI and delivery services are are an endorsement of China’s progress.

Alibaba sees most profitable year since 2021 amid a refocus on core businesses

Alibaba net income rose 10 per cent to US$11 billion in the 2023 financial year, the first annual results since co-founder Joe Tsai took over as chairman.

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