Amazon, Alphabet and Alibaba all report surging cloud revenues

clock • 2 min read
Amazon's cloud division posts record $13.5 billion in annual operating profits for 2020
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Amazon's cloud division posts record $13.5 billion in annual operating profits for 2020

Despite growth Google Cloud lost more than $5.5 billion last year, but Alibaba is now profitable

Amazon on Tuesday announced its earnings report for the fourth quarter of 2020, claiming a strong performance by its cloud computing business. According to Amazon, AWS reported $12.7 billion in revenue...

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