Alibaba Cloud slashes prices outside China
Domestic customers saw their fees cut last January
Systems
8 Apr 2024 |
Roar of the Dragon: Revenue up by nearly half at Alibaba as it expands into Silicon Valley
Revenue soared by 45 per cent at Chinese e-commerce and tat bazaar giant Alibaba to 17.43bn yuan (£1.8bn) for its first quarter, compared with the same period last year. However, overall net income fell by 49 per cent to $463m (£300m) as the company made significant share-based compensation payouts to investors and employees …
Biting the hand that feeds IT
