The company plans to invest an additional $28 billion in cloud technology over the next three years. The investment is equivalent to about half of Alibaba’s. . .
Alibaba Group Holding Ltd (NYSE: BABA) announced plans Monday to invest 200 billion yuan ($28 billion) in its cloud computing division over the next three years. This is. . .
Alibaba says it will invest $28B over the next three years to expand cloud infrastructure such as data centers to extend its cloud services to more countries (Zheping Huang/Bloomberg)
By Zheping Huang / Bloomberg. View the full context on Techmeme.
Alibaba Cloud, the data intelligence backbone of Alibaba Group, on Monday announced to invest additional approximately $28 billion (RMB 200 billion) in the next three years on its cloud infrastructure, focusing on technologies including operating system, servers, chips and network.
China's Alibaba Group Holding Ltd will invest 200 billion yuan (US$28. 27 billion) in cloud infrastructure over a three year period, the e-commerce . . .
Tesla has set up an online store in the Alibaba online marketplace to better help its customers in China set up test drives and more.
The move by Tesla underscores an emerging trend in China, where automakers are relying more on live streaming among other features in bid to boost sales.
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The COVID-19 outbreak put a damper on Alibaba Group Holding Ltd. ’s fast growth, and challenges are expected to continue even if China has managed to better. . .