Alibaba Cloud is in a «race to the bottom» with pricing — and that will be its loss

Alibaba Cloud’s price cuts won’t be enough to stop the Western hyperscaler from advancing, experts said IT Prosince the company is likely to end up damaging its own revenue streams.

The cloud vendor revealed plans to cut prices for its customers outside of China by an average of 23% across a wide range of its cloud products, with price cuts reaching as much as 59% in some cases.

#Alibaba #Cloud #race #bottom #pricing #loss

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