Alibaba Cloud growth slows after mystery international customer - maybe ByteDance - quits over ‘non-product related’ factors

Chinese tech giant Alibaba has posted its first loss as a listed entity, thanks to the $2.8bn antitrust fine imposed by local authorities, and also revealed that it has lost a major cloud customer “due to non-product related requirements.” The company’s numbers were typically enormous: in Q4 the company counted $28.6bn of …

COMMENTS

Post your comment

House rules Send corrections

Add to 'My topics'