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Alibaba's cloud division eyes state firms for up to $3 bln fundraising: Report, ET Telecom - Vimarsana News

Alibaba's cloud division eyes state firms for up to $3 bln fundraising: Report, ET Telecom

Alibaba Cloud: The tech giant is working with advisers on a potential fundraise by its Cloud Intelligence unit that could mop up about 10-20 billion yuan ($1.38-$2.75 billion), the report said, citing people with knowledge of the matter.