8 April 2024

Alibaba cuts prices for cloud customers by 23% on average across ~500 cloud product specifications in 13 regions, seeking to fend off rivals and revive growth (Sarah Zheng/Bloomberg)

Sarah Zheng / Bloomberg:
Alibaba cuts prices for cloud customers by 23% on average across ~500 cloud product specifications in 13 regions, seeking to fend off rivals and revive growth  —  - Alibaba triggered a cloud price war in China with recent cuts  — Company is spending to protect market share in key areas

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