This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Alibaba said the move is subject to restructuring certain ...

HONG KONG (AP) — Alibaba plans to spin-off of its cloud computing business and said Thursday that its logistics and grocery units will explore initial public offerings as the Chinese e-commerce ...

He will also be the chief executive of the Cloud Intelligence Group. ALIBABA'S JACK MA RESURFACES IN CHINA U.S.-listed shares of Alibaba Group rose 7% in premarket trading. Zhang said in a ...

Globally, Alibaba Cloud was the third largest infrastructure-as-a-service (IaaS) public cloud provider in 2021, according to market research firm Gartner. Add platform-as-a-service (PaaS ...

Alibaba Group ... the U.S. ticker rose 8%, while the HK ticker fell 3% immediately post-earnings release. Strong growth in international commerce, AI, and cloud segments; overall FY 2025 revenue ...

SAN FRANCISCO — If you thought Alibaba's $25 billion initial public ... cloud-based Web hosting services, a market now contested by Amazon, Google and Microsoft. Alibaba shares opened trading ...

Alibaba just opened trading on the New York Stock Exchange at $92.70 per share, up 36 percent from the $68 share price of its initial public offering. The Chinese e-commerce giant raised $21.8 ...

In Q1 FY25, Alibaba delivered double-digit revenue growth for its public cloud business, with triple-digit-growth in AI related products. It is encouraging to see their AI and cloud business ...

Chicago, Aug. 07, 2024 (GLOBE NEWSWIRE) -- The Public Cloud Market size is expected to grow from USD 444.7 billion in 2022 to USD 987.7 billion by 2027 at a Compound Annual Growth Rate (CAGR ...