Alibaba Cloud's Gross Margin to Improve Significantly in Next 1-2 Quarters

GateNews

According to Guru Club, Alibaba executives stated on May 13 that Alibaba Cloud’s gross margin is expected to significantly improve within the next 1-2 quarters. The company is prioritizing market share gains over near-term profits. Additionally, Alibaba will exceed its previously announced 380 billion yuan capital expenditure plan due to rapid investments in expanding computing capacity to meet growing demand.

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