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Alibaba Cloud announces a 55% price reduction

Summary by Ground News
Alibaba Cloud announced on Thursday a price reduction of up to 55 percent on more than 100 core cloud products. The move aims to make public cloud services more inclusive and accessible in the era of artificial intelligence. The new prices, with an average of 20 percent reduction, are effective on Thursday.
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EcnsEcns

Alibaba Cloud announces a 55% price reduction

Alibaba Cloud, the cloud computing unit of Chinese heavyweight Alibaba Group Holding Ltd, announced on Thursday a price reduction of up to 55 percent on more than 100 core cloud products, marking the biggest price cut in the company's history.

·China
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Ecns broke the news in China on Thursday, February 29, 2024.
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