Alibaba's 0.2% Rally on $2.69B Volume Climbs to 49th Market Rank Amid Cloud Expansion in Southeast Asia
. , ranking 49th in the market. The stock’s performance followed a strategic update from its cloud division, which outlined expanded data center investments in Southeast Asia. Analysts noted the move could enhance long-term revenue visibility amid global demand shifts. Meanwhile, regulatory discussions in Beijing showed no immediate changes to e-commerce sector oversight, stabilizing investor sentiment toward the company’s core retail operations.
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