back to article Alibaba Cloud on the cusp of turning a profit after growing 60 percent in a year

Alibaba’s cloud made another loss in the company’s second quarter for 2021, but it was just $23m and the company says it will turn a profit before the financial year is done. The company turned in another strong quarter overall. Revenue reached $22.84 billion, a jump of 30 percent year-over-year. Net income hit $3.9bn, a year- …

  1. IGotOut Silver badge

    Another Trump winner.

    Whereas some of this may of gone to the Big Three in the US, customers have looked around and gone MCGA.

    1. Anonymous Coward
      Anonymous Coward

      Re: Another Trump winner.

      Well, leaving politics out of it, China has always been great at something regardless of other country policies. Considering their potential user base for cloud usage, using pure integers here, I don't see how they won't challenge the "Big Three" very, very soon.

      P.S. Is Microsoft part of that "Big Three"? It doesn't seem like it and I'm just going to preemptively replace MS with Ali now (it's kind of inevitable).

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon