Alibaba (BABA) to Boost Global Cloud Reach With Price Cut Move

Alibaba (BABA) adopts a price-cut strategy in a bid to expand its market share in the global cloud-computing space.Recently, Alibaba Cloud slashed prices for international customers from the United States to Singapore by up to 59%.As a result, there is an average reduction of 23% across five categories — compute, storage, network, database and big data products — for customers using Alibaba's data centers out of mainland China.These discounts are currently available across 13 regions, including Japan, Indon ...