Alibaba (NYSE: BABA) Plans to Invest $1 Billion to Improve Cloud Business
September 23 2022 - 08:56AM
TipRanks
Shares of Alibaba (NYSE: BABA) ticked lower in pre-market trading
on Friday after the Chinese e-commerce giant's cloud business,
Alibaba Cloud unveiled a strategic roadmap. The company stated that
its cloud business intends to invest $1 billion to boost its global
partner ecosystem and improve its customer service which would
provide "comprehensive support throughout a customer's
digitalization journey.".
https://www.tipranks.com/news/alibaba-nyse-baba-plans-to-invest-1-billion-to-improve-cloud-business?utm_source=advfn.com&utm_medium=referral
Alibaba (NYSE:BABA)
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