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Alibaba’s cloud computing business revenue grows 96% in Q1

China’s online retail giant Alibaba Group Holdings Ltd. said its public cloud computing business hit one million paying customers for the first time during the last quarter. The company also said its cloud business revenue grew by 96 percent to 2.43 billion yuan ($359 million) as it reported its first quarter earnings late Thursday. Alibaba […] The post Alibaba’s cloud computing business revenue grows 96% in Q1 appeared first on SiliconANGLE.
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