Key stats: In 2023, Alibaba held the fourth-largest global market share in public cloud infrastructure as a service, at 7.9%, just behind Google’s 8.2%, according to Gartner.

Daniel Zhang speaks at the 2023 Alibaba Cloud Summit in Beijing, China. Alibaba Cloud, the cloud-computing unit of Chinese e-commerce giant Alibaba Group, unveiled on Tuesday its version of a ...

Alibaba’s cloud business, comprising its public cloud (Alibaba Cloud) and its corporate chat platform (DingTalk) products, posted revenue of $2.71 billion in the first quarter of 2023, making up ...

This would be the second time the cloud arm of Chinese e-commerce leader Alibaba Group Holding (9988.HK) has cut prices in less than a year after reductions of as much as 50% in April.

The cloud business generated $2.7 billion in revenue during the first quarter, making up 9% of Alibaba’s total revenues. (My colleague Alex has a financial deep dive into the cloud spinout.

Alibaba's Cloud Intelligence Group includes Aliyun, the company's cloud computing unit. It is a dominant player in China's domestic cloud computing sector, with a 34% market share, according to ...

Getty Images/Andriy Onufriyenko Alibaba Group is making plans to carve out its cloud business unit and push two others to IPO, as it shifts up the gear on its organizational overhaul. The Chinese ...