Alibaba says to invest $28 bln 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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News
- Alibaba's logistics unit gears up for Hong Kong IPO - Bloomberg News [Reuters]Reuters
- Alibaba: Another Confirmation That The Business Is Undervalued [Seeking Alpha]Seeking Alpha
- Alibaba Stands To Lose Its Cloud Crown In 2023 [Seeking Alpha]Seeking Alpha
- Alibaba May Cede Control of Some Units in Split-Up Plan. Probably Not These Two. [MarketWatch]MarketWatch
- China ‘confident and capable' of hitting 2023 growth targets, new premier says at gathering of business leaders [CNN]CNN
BABA
Earnings
- 2/23/23 - Beat
BABA
Sec Filings
- 3/28/23 - Form 6-K
- 2/23/23 - Form 6-K
- 2/23/23 - Form 6-K
- BABA's page on the SEC website