Cloud computing has become one of Alibaba’s fastest-growing sectors beyond its core e-commerce business. Photo: SCMP/Bien Perez Cloud computing has become one of Alibaba’s fastest-growing sectors beyond its core e-commerce business. Photo: SCMP/Bien Perez
Cloud computing has become one of Alibaba’s fastest-growing sectors beyond its core e-commerce business. Photo: SCMP/Bien Perez

US-listed Chinese stocks

Tech /  Big Tech

Alibaba Cloud rolls out US$30 million programme to help global small and medium enterprises amid Covid-19 pandemic

  • A support package of 12 key products will be open for application between Thursday and June 22 for new SMEs customers worldwide
  • In the fourth quarter, Alibaba’s cloud computing revenue grew 62 per cent to 10.7 billion yuan

Topic |   US-listed Chinese stocks
Jane Zhang
Jane Zhang

Updated: 2:35pm, 20 Oct, 2020

Why you can trust SCMP
Cloud computing has become one of Alibaba’s fastest-growing sectors beyond its core e-commerce business. Photo: SCMP/Bien Perez Cloud computing has become one of Alibaba’s fastest-growing sectors beyond its core e-commerce business. Photo: SCMP/Bien Perez
Cloud computing has become one of Alibaba’s fastest-growing sectors beyond its core e-commerce business. Photo: SCMP/Bien Perez
READ FULL ARTICLE