Alibaba Group Holding Ltd. is raising prices for its AI computing and storage products by as much as 34%, joining a host of big tech firms moving to capitalize on surging demand in the hope of ...
Alibaba reported cloud computing revenue up 34% year-on-year in its fiscal second quarter, beating market expectations. Investors are focused on Alibaba's cloud division which books its revenue ...
Quarterly profit dropped 67% and revenue missed expectations. Shares in Hong Kong declined 6% after the earnings release. Alibaba has sharply reduced its workforce as it restructures its business and ...