Alibaba's cloud ambitions, aiming to rival AWS, have been derailed by Beijing's crackdown, as sources say many institutions have moved to state-backed rivals (Bloomberg)
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Bloomberg:
Alibaba’s cloud ambitions, aiming to rival AWS, have been derailed by Beijing’s crackdown, as sources say many institutions have moved to state-backed rivals — For years, Alibaba Group Holding Ltd. had a legitimate shot at becoming the Amazon.com Inc. of China, an e-commerce juggernaut …
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