News

Alibaba CEO Eddie Wu has announced plans to build a global cloud network following the company’s commitment of over 380 ...
With a sharp focus on capitalizing on cloud and artificial intelligence opportunities, the company has positioned itself for rapid growth. With plans to split into six separate companies, Alibaba ...
Alibaba’s cloud business, comprising its public cloud (Alibaba Cloud) and its corporate chat platform (DingTalk) products, posted revenue of $2.71 billion in the first quarter of 2023 ...
Alibaba's fourth quarter earnings signaled a dramatic turnaround, according to Benzinga. Net income soared 1,203% to $1.65 ...
Seven weeks after Alibaba announced its historic restructuring plan to split itself into six independent companies, the juggernaut is gearing up to spin off its cloud intelligence group.
SAP SE announced that it has entered into a strategic partnership with Alibaba Group to accelerate cloud transformation. As ...
Here is a recap of the key news on this stock.Confident Investing Starts Here: Quickly and easily unpack a company's ...
Alibaba has confirmed plans to list its cloud computing business just months after an announcement that its operations would see the company split into six divisions. The Chinese ecommerce giant's ...
Alibaba Cloud accounts for just over 4% of the global cloud computing market, which is dominated by AWS, Microsoft Azure, and Google Cloud — jointly accounting for nearly 67% of the entire ...
Jefferies said Alibaba Cloud "is a key player and outpaces peers in terms of capex spend." Alibaba shares have gained almost 90% in the past 12 months through Friday. U.S.-listed shares of Alibaba ...