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( MENAFN - EQS Group) EQS Newswire / 22/05/2024 / 08:00 CET/CEST The issuer is solely responsible for the content of this announcement. Alibaba Group's mission is to make it easy to do business anywhere. The company aims to build the future infrastructure of commerce.

It envisions that its customers will meet, work and live at Alibaba, and that it will be a good company that lasts for 102 years. Established in 2009, Alibaba Cloud () is the digital technology and intelligence backbone of Alibaba Group. It offers a complete suite of cloud services to customers worldwide, including elastic computing, database, storage, network virtualization services, large-scale computing, security, management and application services, big data analytics, a machine learning platform and IoT services.



Alibaba maintained its position as the third leading public cloud IaaS service provider globally since 2018, according to IDC. Alibaba is the world's third leading and Asia Pacific's leading IaaS provider by revenue in U.S.

dollars since 2018, according to Gartner. Launched in 2017, Tmall Luxury Pavilion is China's top online destination in for luxury shopping. It hosts hundreds of leading luxury and premium brands worldwide, spanning apparel, cosmetics, jewelry and watches and home.

LVMH LVMH Moët Hennessy Louis Vuitton is represented in Wines and Spirits by a portfolio of brands that includes Moët & Chandon, Dom Pérignon, Veuve Clicquot, Krug, Ruinart, Mercier, Château d'Yquem, Domaine du.

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