Tag: cloud-computing segments

Capital, Finance Tech

Alibaba revenue soars 61%, topping the FAANG + BAT group

August 23, 2018

Via: Business Insider

Alibaba reported strong first-quarter revenue growth on Thursday morning as its core e-commerce and fast-growing cloud-computing segments provided a boost. The Chinese e-ecommerce giant said revenue soared 61% year-over-year to 80.9 billion yuan, or about $11.8 billion, edging out the […]