Alibaba beats revenue expectations on cloud boost

By on
Alibaba beats revenue expectations on cloud boost

Thanks to growth in its core business and its diversification.

Chinese e-commerce giant Alibaba Group Holding Ltd beat fourth-quarter revenue forecasts on Wednesday, thanks to growth in its core business and its diversification into cloud computing and other services. Alibaba has invested in new business lines such as cloud computing as a boom in its core ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
alibaba cloud finance software storage

Most Read Articles

Microsoft admits it couldn't afford its own cloud

Microsoft admits it couldn't afford its own cloud
CBA discloses app's open source components

CBA discloses app's open source components
Vic govt to build state's first digital twin

Vic govt to build state's first digital twin
NSW using AWS to predict public transport delays

NSW using AWS to predict public transport delays
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Why you should reassess your cybersecurity posture
Why you should reassess your cybersecurity posture
How will you manage the cloud data deluge?
How will you manage the cloud data deluge?
Follow these steps to prevent targeted attacks
Follow these steps to prevent targeted attacks
Your mobile devices may not be secure – learn how to fix that
Your mobile devices may not be secure – learn how to fix that
Don’t risk your business – learn how to protect your cloud assets
Don’t risk your business – learn how to protect your cloud assets

Events

Log In

Username / Email:
Password:
  |  Forgot your password?