GS Upgrades Alibaba Cloud's Valuation to USD 123.8 Billion
After Alibaba disclosed its 1Q financials of the 2021 fiscal year last week, Goldman Sachs and Morgan Stanley raised the valuation of Alibaba Cloud to USD 123.8 billion and over tens of billions, respectively.
Alibaba Cloud generated revenue CNY 24.5 billion in the first half of 2020.
This text is a result of machine translation.
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