War on Clouds: Amazon vs. Alibaba.

War on Clouds Amazon vs Alibaba

Ambitious And Aggressive Alibaba Cloud Gunning Straight For The Top Spot Held By Amazon Web Services?

Oct.16.17 | About: Amazon.com, Inc. (AMZN)
by: ALT Perspective | Seeking Alpha
Long/short equity, growth at reasonable price, contrarian, Deep Value

Recently, the booming internet economy and supportive government initiatives are providing the strong tailwinds to accelerate Alibaba Cloud's ambitions. A cloud web hosting environment allows your web application to utilize on-demand both can be found in Amazon and Alibaba.

With the share price at record high levels, the company would need the contribution from the cloud division to provide the next powerful leg of the top and bottom line growth