Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce and part of Alibaba International Digital Commerce Group, today released new insights on the sourcing and supply chain challenges and opportunities facing U.S. businesses, revealed the highlights of its annual online trade fair March Expo, and rolled out more guaranteed services.
Alibaba Group Holding's cloud computing unit has cut prices by up to 55 per cent on more than 100 core products - the largest discount offering in the company's history - to attract more enterprises and software developers as users in mainland China, as the adoption of artificial intelligence (AI) picks up steam across various industries. This new campaign, which offers an average 20 per cent reduction in prices, took effect on Thursday and includes the unit's elastic compute service (ECS), obje
China's Alibaba Cloud on Thursday said it will slash prices of some of its products by as much as 55%, its most severe price cut to date, amid intensifying competition to attract heavy users, particularly artificial intelligence software developers. This would be the second time the cloud arm of Chinese e-commerce leader Alibaba Group Holding has cut prices in less than a year after reductions of as much as 50% in April. The cloud service provider said it would lower prices of over 100 products by an average of 20%.