With competition in the Chinese cloud-computing space heating up, Alibaba Group Holding Ltd. (NYSE: BABA) is the latest major player to announce price cuts for several of its core cloud-computing products. The company’s cloud-computing unit says it is cutting prices by up to 55% for more than 100 of its core products, the largest price cut in the company’s history.
Many experts say the latest round of price cuts will reduce the cost of accessing enterprise cloud services, expanding access to the cloud market and…
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