Alibaba Group will integrate its domestic Chinese and international e-commerce platforms into a single business unit run by ...

Alibaba Group Holding’s cloud computing arm is now home to 500,000 terabytes worth of data from Chinese lifestyle platform Xiaohongshu after what the companies called the largest data migration ...

For the quarter ended September 30, revenue from Cloud Intelligence Group was $4.219B, an increase of 7% year-over-year. During this quarter, ...

China's Alibaba Group saw its cloud computing business revenue grow by seven percent during Q3 2024. The company posted revenue for Alibaba Cloud of RMB29.6 billion ($4.2 bn) for the latest quarter, ...

Additionally, Alibaba’s international commerce and cloud computing segments are anticipated to drive growth. The international platforms are expected to achieve a significant compound annual ...

Therefore, Alibaba's Cloud Intelligence Group is far from gaining sufficient momentum to help diversify Alibaba's earnings risk profile. Although its international business (AIDC) posted a 29% ...

Moreover, revenue from Alibaba Cloud Intelligence Group rose 7 percent year-on-year to 29.6 billion yuan during the period. It will continue to invest in anticipation of customer growth and in ...

The ever-expanding cloud has become ubiquitous. No longer is the cloud some remote set of services, somewhere up in the sky. Rather, the cloud is seeping into every industry, hybrid on-premises ...

Oct 25 (Reuters) - China's Alibaba (9988.HK), opens new tab said on Friday it had agreed to pay $433.5 million to settle a U.S. class-action lawsuit filed by investors alleging monopolistic ...

Alibaba stock has substantially appreciated. This is due to expectations of the Chinese government's stimuli and the company's buybacks. However, BABA stock still does not look overvalued. In my ...

After a yearslong malaise,Alibaba Group Holding stock has roared back to life, thanks to China’s recent stimulus plans—and it isn’t too late to buy in.

(Bloomberg) -- Turns out that Billionaire investor David Tepper, who said recently he would buy “everything” China-related amid Beijing’s stimulus blitz, trimmed exposure in e-commerce giant ...