Page 12 - Cloud Intelligence Group News Today

China's Alibaba Group on Thursday scrapped plans to spin-off its cloud unit citing uncertainties created by U.S. export curbs ...

Shares of Alibaba were tumbling in premarket trading as the company said it would shelve some spinoff plans.

US News: Alibaba Group Holding reported a 9% increase in revenue for Q3, reaching 224.8 billion yuan ($31 billion), in line with market expectations. However,

Alibaba canceled its planned spinoff of its cloud computing arm, citing uncertainty following new U.S. export restrictions to China.

(CTN News) - Due to U.S. chip export restrictions, Alibaba's U.S.-listed shares fell on Thursday after the Chinese e-commerce giant decided..........

US export restrictions on advanced chip exports forced China's Alibaba Group to cancel its cloud spinoff.

Shares of Alibaba fell after it reported in-line earnings results and backed away from its cloud spinoff plan.

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More than 15 APIs, spanning content localization and customer service, are available for software developers in Singapore to test generative AI use cases for e-commerce platforms.

JD.com (NYSE: JD) stock hit its all-time lows in yesterday’s price action as analysts get jittery over the growth outlook for the company