A display booth for Aliyun, Alibaba's cloud computing unit at Alibaba's annual November 11 Singles' Day online shopping event in Shenzhen on Friday. Photo: Bloomberg
Alibaba bets big on cloud expansion to drive global growth
Subsidiary Alibaba Cloud processed a record 175,000 orders per second at the peak of Singles’ Day online shopping event
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Alibaba
A display booth for Aliyun, Alibaba's cloud computing unit at Alibaba's annual November 11 Singles' Day online shopping event in Shenzhen on Friday. Photo: Bloomberg