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Alibaba Cloud's growth came to a halt. Alibaba cancelled Alibaba Cloud's spin-off. The new management team needs to prove that it can bring back growth to the cloud business. And just when ...
The cloud business generated $2.7 billion in revenue during the first quarter, making up 9% of Alibaba’s total revenues. (My colleague Alex has a financial deep dive into the cloud spinout. Stay ...
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TipRanks on MSNAlibaba’s Stock Surges Amid AI and Cloud OptimismAlibaba ( ($BABA) ) has risen by 11.10%. Read on to learn why. Alibaba’s stock has seen a significant rise of 11.10% over the past week, driven by ...
Alibaba Cloud, the cloud computing arm of Chinese e-commerce giant Alibaba, became profitable for the first time in the December quarter, the company announced in its earnings report.. The firm ...
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TipRanks on MSNAlibaba’s Bold Moves: Bonds, Cloud, and AI ExpansionAlibaba ( ($BABA) ) has been popular among investors this week. Here is a recap of the key news on this stock. Alibaba is making strategic moves ...
Alibaba also controlled 40.9% of China's cloud infrastructure market in the third quarter of 2020, according to Canalys, putting it far ahead of Huawei Cloud (16.2%), Tencent Cloud (15.8%), and ...
Alibaba's cloud service said it suffered a near two-hour long disruption affecting customers in mainland China, Hong Kong and the United States on Monday, its second outage within a month.
China's Alibaba Cloud on Thursday said it will slash prices of some of its products by as much as 55%, its most severe price cut to date, amid intensifying competition to attract heavy users, ...
Alibaba has unveiled plans to invest 200 billion yuan ($28 billion) in its cloud business over the next three years, focusing on infrastructure development including servers, chips, network, and ...
Alibaba will invest RMB 380 billion (US$53bn) in its cloud computing and artificial intelligence (AI) infrastructure over the next three years in a bid to dominate the next wave of technological ...
Alibaba Cloud is planning to launch a hybrid cloud offering this year that will enable enterprises to run a dedicated cloud region in on-premise datacentres spanning multiple availability zones ...
Alibaba Cloud is playing up its focus and investment in Asia as a key competitive advantage over its US competitors, while remaining coy over how the US government's treatment of Huawei may ...
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