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Alibaba sees strong consumer mindshare in instant commerce push
Alibaba also expects its cloud computing business to remain on an upwards trajectory in the coming quarters, CEO Eddie Wu says.
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cnbc.com
Alibaba's key cloud unit sales shine even as quarterly revenues miss
Alibaba posted a a revenue miss in the June quarter even as it showed an acceleration at its cloud computing unit.
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scmp.com
Alibaba sees strong consumer mindshare in instant commerce push
Alibaba also expects its cloud computing business to remain on an upwards trajectory in the coming quarters, CEO Eddie Wu says.
- ·
Alibaba rises most in 3 years on outlook for on-demand delivery and cloud business
Company’s shares jump 19 per cent as investors move on from interim results to focus on quick commerce numbers and AI development.