मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Alibaba has the magic touch to soar into cloud
Sunday Express
|November 30, 2025
ALIBABA, the Amazon of the East, is banking on a $53billion investment in cloud infrastructure and artificial intelligence to drive future growth.
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This strategy is starting to pay off. Markets responded well to news that second-quarter cloud revenue grew by 34%, a shade quicker than analyst forecasts.
That's not the only area of innovation. Quick Commerce revenue spiked 60% following the successful launch of its instant delivery service.
Yet these ambitious growth initiatives come at a cost. Heavy startup expenses were a key reason for an 85% fall in group operating profit, which fell to $0.8billion.
This spending also pushed the company’s free cash flow into negative territory. Profitability is expected to recover this quarter. But with the core business under pressure, there's room for disappointment.
The company's strategic focus on technology is sensible.
यह कहानी Sunday Express के November 30, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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