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
Check Earnings Report
US:NYSE Investor Relations:
alibabagroup.com/en/ir/home
Company Research
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.
Show less
Read more
Impact Snapshot
Event Time:
BABA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BABA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BABA alerts
High impacting Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share news events
Weekly update
A roundup of the hottest topics
BABA
News
- Eat Just Announces $25 Million Investment from C2 CapitalBusiness Wire
- The Worldwide E-Commerce Industry is Expected to Reach $52 Trillion by 2027PR Newswire
- China’s biggest Wall Street bull just liquidated his Alibaba stake amid fire sale of five Chinese stocks [Fortune]Fortune
- Global Quantum Technology Market Analysis Report 2022: Growing Government and Private Venture Funding & Increasing R&D Expenditure of Major Technology Companies - Forecast to 2030PR Newswire
- ‘Ticking time bomb'—China's real-estate bust deepens as housing prices fall for 11th straight month [Fortune]Fortune
BABA
Earnings
- 8/4/22 - Beat
BABA
Sec Filings
- 8/15/22 - Form 13F-HR
- 8/10/22 - Form 6-K
- 8/8/22 - Form 6-K
- BABA's page on the SEC website