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TikTok Owner Drops Alibaba Cloud Outside China

2021年05月14日 19:07 来源于 财新网
ByteDance’s decision led to sharp slowdown in revenue growth for one of the e-commerce giant’s most promising newer businesses in its latest reporting quarter
The loss of TikTok comes as a major setback for Alibaba’s global cloud aspirations. Photo: VCG

Social media sensation ByteDance has dropped Alibaba’s cloud services for its businesses outside China, two sources told Caixin, dealing a major setback to the e-commerce giant’s global aspirations for a unit that is becoming a major new revenue source.

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