China's Alibaba Group Holding Ltd will invest 200 billion yuan ($28.27 billion) in cloud infrastructure over a three year period, the e-commerce company said on Monday.
FILE PHOTO: A logo of Alibaba Group is seen at the World Internet Conference in Wuzhen, Zhejiang province, China, October 20, 2019. REUTERS/Aly Song/File Photo
SHANGHAI - China’s Alibaba Group Holding Ltd will invest 200 billion yuan in cloud infrastructure over a three year period, the e-commerce company said on Monday.Reporting by Josh Horwitz; Editing by Christian Schmollinger
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