Alibaba beats revenue expectations on cloud boost

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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 ...

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alibaba cloud finance software storage

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