
How big are the Cloud Kings' cloud businesses?
We read the latest annual report of all 17 eligible companies. Here is what each one discloses about its cloud business, and where the disclosures fall short.
NYSE: BABA · #6 in The Cloud Kings 10
Alibaba Group is a Chinese technology company whose businesses include e-commerce and Alibaba Cloud, one of the largest cloud infrastructure providers in Asia.
Why it qualifies for the Cloud Kings ranking
Cloud Intelligence Group is a separately reported segment.
Verified against Alibaba Group Form 20-F, fiscal year ended March 31, 2026 on Oct 16, 2026. Eligibility rules
Listed in New York (American depositary shares) and Hong Kong. Market cap is measured at company level.
Delayed or end-of-day prices, displayed by TradingView. They are provided for reference only and are not used to calculate the Cloud Kings ranking.
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How cloud is reported: Alibaba Cloud is reported within the Cloud Intelligence Group segment, with its own revenue and profit measures.
No news about Alibaba has been published yet.

We read the latest annual report of all 17 eligible companies. Here is what each one discloses about its cloud business, and where the disclosures fall short.

Price times shares sounds simple. For the world's largest cloud companies, share classes, treasury shares, depositary receipts and currencies all get in the way.