Alibaba Cloud ’s annual revenue exceeded 40 billion yuan, a 31-fold increase in 6 years

Alibaba Cloud’s annual revenue exceeded 40 billion yuan, a 31-fold increase in 6 years, according to Alibaba Cloud WeChat public account.

Alibaba Cloud’s annual revenue exceeded 40 billion yuan, a 31-fold increase in 6 years, according to Alibaba Cloud WeChat public account.

Revenue jumped 62% from the previous year ’s 24.7 billion revenue.

Alibaba’s core system is 100% cloud-based. Strong performance pushed Alibaba Cloud’s valuation to $ 77 billion.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/24/alibaba-cloud-s-annual-revenue-exceeded-40-billion-yuan-a-31-fold-increase-in-6-years/.

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