Chinese giant Alibaba plans to invest a fresh $28 billion in its cloud and analysts say that though the US market will be tough to crack, Google could face the most pressure (BABA)

Chinese giant Alibaba plans to invest a fresh $28 billion in its cloud and analysts say that though the US market will be tough to crack, Google could face the most pressure (BABA)

Business Insider

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· On Monday, the Chinese e-commerce giant Alibaba announced that it will invest $28.26 billion into its cloud business over the next three years.
· Analysts say Alibaba will likely defend its turf in Asia and also try to encroach on markets where its biggest rivals, Amazon Web Services and Microsoft, dominate. 
· Analysts...

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