Alibaba announces first profitable quarter for its cloud division
Chinese giant's cloud business sees revenue of $2.4 billion for Q4 2020, just $3 million adjusted EBITA profit
Chinese giant's cloud business sees revenue of $2.4 billion for Q4 2020, just $3 million adjusted EBITA profit
But facility details are unclear
Including data centers, operating systems, and semiconductors
To serve Chinese firms expanding overseas.
Along with a startup accelerator program
Bringing both AWS and its e-commerce services to the country
Its 17th region worldwide
Due to come online in January
China’s largest cloud provider joins AWS and Azure in offering Red Hat to its customers
But questions remain over whether it will build its own facility
But we don’t know much about the facilities themselves
Continues to slowly push outside of China