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All Posts Term: MMM Analyst
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Technology

Trending Today: Alibaba Group Holding Ltd (BABA)

Alibaba Group

Trending today is the announcement from Rob Sanderson, an MKM analyst, that the cloud business operated by Alibaba Group Holding Ltd (NYSE:BABA) could be worth $20 billion in five years, with an additional two or three billion dollars in other Asian countries. If this is the case, Alibaba's cloud business has immense growth potential and analysts are currently suggesting that it is worth one billion dollars annually with 115% growth rate annually.

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