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TechRadar
Craig Hale

Alibaba sees revenue hit by caution in cloud space

Alibaba Alibaba Cloud CNBC United States
Representational image of a dynamic computer network.

Following recent healthy cloud sector results from AWS, Google, and Microsoft, enter some tempered expectations as Alibaba Cloud has reportedly missed its own targets.

Per CNBC, the Chinese cloud storage provider continues to face local pressure from a rise in competition and an increasingly cautious local consumer base.

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