Saturday , November 28 2020

Tag Archives: Alibaba

Foxconn sold Alibaba stock again, making $121 million this time

Foxconn sold Alibaba stock again, making $121 million this time

On October 11, Hon Hai Precision announced to the exchange that its subsidiary Foxconn Ventures sold 630,000 ADS (5.04 million ordinary shares) of Alibaba. The transaction date is October 8, and the transaction price per ADS is US$295.84, and the total transaction amount is US$18638 million. According to the announcement, …

Read More »

The world’s first cloud computer released by Alibaba

The world's first cloud computer released by Alibaba

Alibaba releases its first cloud computer. There is no hard disk, only the size of a business card, which can expand computing power infinitely. On September 17, at the 2020 Computing Conference, Alibaba Cloud released the first cloud computer “Shadowless”, breaking through the physical limitations of traditional computers. A “small …

Read More »