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

Aussie Broadband signs 2300 users to cheaper gigabit NBN plans

Aussie Broadband signs 2300 users to cheaper gigabit NBN plans
NBN Co limits gigabit services to just 7 percent of HFC footprint

NBN Co limits gigabit services to just 7 percent of HFC footprint
Aussie Broadband to let business customers self-serve NBN, value-adds

Aussie Broadband to let business customers self-serve NBN, value-adds
NBN Co quotes at least 1200 customers on a switch to full fibre

NBN Co quotes at least 1200 customers on a switch to full fibre
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Why is DevSecOps important to your business?
Why is DevSecOps important to your business?
Architecting Hybrid IT & Edge for Digital Advantage
Architecting Hybrid IT & Edge for Digital Advantage
Organizations Increasing Their Adoption of NFV
Organizations Increasing Their Adoption of NFV
Modernise IT by Reducing Your Reliance on AD
Modernise IT by Reducing Your Reliance on AD
The Maturity of Zero Trust in Australia and New Zealand
The Maturity of Zero Trust in Australia and New Zealand

Events

Log In

Username / Email:
Password:
  |  Forgot your password?