Article 575HW Alibaba and its cloud are growing like a weed, but the cloud is losing money

Alibaba and its cloud are growing like a weed, but the cloud is losing money

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from The Register on (#575HW)
Fluid situation' with USA not overly worrying CEO, who says company will comply with any new rules

Alibaba has reported another rampaging quarter in which it recorded US$21.76bn revenue and net income of $5.59bn, a 34 percent and 28 percent jump respectively, but while its cloud unit also posted strong growth the company can't yet say when it will turn a profit....

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