China’s internet companies are decelerating says Alibaba

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China's internet companies are decelerating cloud consumption, says Alibaba

Alibaba's cloud operation thinks it's reached market saturation among China's big internet companies, but sees a new wave of demand coming from industrial outfits.

On the company's earnings call, execs spoke of an"internet industry deceleration" that has put the brakes on the growth of the Alibaba cloud.

 

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