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Alibaba Eyes $1.53 Billion to Expand Cloud and Commerce Operations

Alibaba Eyes $1.53 Billion to Expand Cloud and Commerce Operations

BUSINESS - 7/4/2025

Alibaba Group is set to raise approximately HK$12 billion through exchangeable bonds to enhance its global cloud services and commerce ventures. The tech giant is making significant moves amidst fluctuating markets and economic data.

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