Alibaba's cloud produces rain

By: Miguel A. Rodriguez

15:35, 08 October 2020

Alibaba expects first profit from its cloud arm this year.

  • #Alibaba Group Holding foresees its cloud services arm turning profitable for the first time this year, a milestone for the decade-old business
  • #Ripple's Chris Larsen threatened to leave the U.S. if the country's stance on crypto doesn't soon change
  • European stocks edged higher amid upbeat earnings reports from UK's #Tesco and Germany's Dialog Semiconductor

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