Alibaba Group Holding Limited (BABA) Is Bringing Cloud Computing Business Into India- Bed Bath & Beyond Inc. (BBBY)

(Source: Investing News Update) Alibaba (BABA) is bringing its cloud computing business into India as it continues to expand its first-growing business unit. … Overall, the cloud computing business recorded a RMB 697 million loss, or negative $105 million, which it put down to investment in R&D having nearly reached breakeven in the previous quarter.