Alibaba cloud biz is on a run rate over $4B

Alibaba cloud biz is on a run rate over $4B


Alibaba announced its earnings today, and the Chinese ecommerce giant got a nice lift from its cloud business, which grew 66 percent to more than $1.1 billion, or a run rate surpassing $4 billion. It’s not exactly on par with Amazon, which reported cloud revenue of $8.381 billion last quarter, more than double Alibaba’s yearly run […]


Enterprise – TechCrunch - Alibaba cloud biz is on a run rate over $4B



August 16, 2019 at 02:00AM

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