beschriebene Bereich von Alibaba bei Amazon bewertet wird:
Meanwhile, China’s Alibaba also saw great growth in its cloud business AliCloud in its fiscal fourth quarter ended in March, which Alibaba reported Thursday. For the quarter, Alibaba said AliCloud increased revenues 175% year over year (YOY), which comes off a 126% increase growth in AliCloud in its fiscal third quarter. During a conference call to discuss quarterly results, Joseph Tsai, executive vice chairman at Alibaba, said, “AliCloud is today one of the largest cloud computing businesses in the world.” The executive went on to note that “several of our businesses have emerged with high growth traction and expanding operating leverage.”
AliCloud now has more than 500,000 paying customers and is the biggest growth business for the Chinese ecommerce giant. Its main business of hawking products online increased 41% YOY. Leading up to Alibaba’s earnings report, analysts have been getting more bullish on the company, largely because of its AliCloud unit.
Read more: Microsoft, Alibaba Show Strong Cloud Results | Investopedia www.investopedia.com/news/...rong-cloud-results/#ixzz4gJiGaNPQ