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Alibaba Says to Invest $28 Billion in Cloud Computing Services
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Alibaba Says to Invest $28 Billion in Cloud Computing Services

Alibaba Says to Invest $28 Billion in Cloud Computing Services
The plan comes as the coronavirus pandemic has increased demand for cloud services and data centres.

Shanghai: 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.

The plan comes as the coronavirus pandemic has increased demand for cloud services and data centres.

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