Alibaba says to invest $28 billion in cloud computing services [Reuters]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am
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Source: Reuters
Alibaba says to invest $28 billion in cloud computing services SHANGHAI (Reuters) - China’s Alibaba Group Holding Ltd will invest 200 billion yuan ($28.27 billion) in cloud infrastructure over a three year period, the e-commerce company said on Monday. The plan comes as the coronavirus pandemic has increased demand for cloud services and data centres.
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BABA
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- 8/4/22 - Beat
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- BABA's page on the SEC website