Tag Archives: better-than-expected

Alibaba Cloud Computing Revenue Jump 156%

AliCloud -computing business revenue from that business increased 156% year over year to $187 million competing in an arena dominated by Amazon Web Services and Microsoft Azure. Alibaba Group Holding Ltd. said it would continue to step up its investments after reporting a better-than-expected 59% surge in fiscal first-quarter revenue, its biggest gain since its $25 billion initial public offering two years ago. Revenue for

Read more